Iowa treasurer: Student loan debt hurts state’s economy
BPC Staff May 24, 2018 | 4:27 pm
<1 min read time
75 wordsAll Latest News, Banking and Finance, Education, Statewide NewsQuad-City Times: Iowa Treasurer Michael Fitzgerald said Wednesday that “staggering student loan debt” has long-term effects on the state’s workforce and economy. “We hear the average [debt] in Iowa is a little over $30,000, but there’s a lot of kids out there with $50,000, $70,000 or even $80,000 in debt. Then you hear someone going to law school, well, they have $180,000 in debt. This is holding our families back. It’s holding our state back.”
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