The United States

Debt sentences

Print edition : May 01, 2015

Some of the students of Corinthian Colleges who decided to refuse to pay back their student debt, in Washington on March 30. Photo: Manuel Balce Ceneta/AP

Occupy Wall Street protesters at a meeting in New York on November 15, 2011. Of the large numbers of young people who joined the OWS movement, many were students with debts. Photo: Seth Wenig/AP

Andrew Ross, the author, suggests that growth rates in the U.S. since the financial crisis of 2008 have been substantially debt driven.

Almost 50 million people in the U.S. are carrying student debt. The level of debt is vast, now over $1 trillion, and is a drag on the entire economy.
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