Survey shows half of college students think student loans will be forgiven
A new survey highlights overwhelming misconceptions current U.S. college students have about their student loans, including the fact that they will actually have to pay them back. Americans owe nearly $1.3 trillion dollars in student loan debt, spread out among a 44.2 million borrowers. According to Student Loan Hero, the average Class of 2016 gradate has $37,172 dollars in student loan debt. That number is up six-percent from last year. The student loan delinquency rate is 11-percent.