Student loan debt is on the rise in America. Here is an interactive way to see it grow in real time, as well as compare the national debt load across different types.
A few pertinent notes from the data:
- Student loans topped all other forms of debt for the first time in Q2 of 2010, when it stood at $760 billion (compared to $740 billion of credit card loans and $700 billion in auto loans).
- Student loan debt has been steadily increasing as need-based grants fail to keep up with the rise in college costs.
- The Current Student Debt amount seen above is rising at a rate of $2,853.88 per second. This figure does not include interest on federal loans.