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The $555,000 Student-Loan Burden

The Wall Street Journal has a story about a Medical Student who now owes over $555,000 in student loan debt.  Michelle Bisutti originally borrowed $250,000 to cover medical school, but her balance quickly ballooned as she deffered loan payments and defaulted during her residency.

While student loan debt of $500K is rare, balances of $100K+ are becoming more and more common.

This entry was posted on Tuesday, February 16th, 2010 at 9:40 pm and is filed under Economics, Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “The $555,000 Student-Loan Burden”

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