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Why student debt is ‘a crisis’ for some borrowers
Student debt has been a prominent topic during this year's presidential campaign, with several candidates touting plans for tuition-free college. Indeed, more than 40 million Americans carry debt from student loans, totaling around $1.3 trillion nationally. While the median debt is about $27,000, people who owe less than $10,000 are the most likely to default. Marketplace’s Lizzie O’Leary reports.
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