Proudly emerging in caps and gowns, students who graduate from college over the next few weeks will feel as light as a feather. Well, except for the anchor of student debt they?ll drag behind them for the next several years or longer.
A report the Pew Research Center released last week showed those who borrow money for college face an average of $23,000 in loans. The weight is especially piling on in Wisconsin, according to credit management service CreditKarma.com. Its report showed student loan debt among Wisconsin consumers rose 17 percent over the past year, the biggest increase in the nation. It?s time to expel that trend.