These five charts show how bad the student loan debt situation is
βOne in five adult Americans carry student loan debt. The issue returned to the headlines this week, when Democratic presidential candidate Sen. Elizabeth Warren of Massachusetts proposed canceling this debt for more than 40 million Americans. Here’s a look at the landscape. As many as 44.7 million Americans have student loan debt, according to a 2018 report by the Federal Reserve Bank of New York. The total amount of student loan debt is $1.47 trillion as of the end of 2018 β more than credit cards or auto loans.β