Close
Log in
Please enter your login details

Skip to main content

Breaking News
  • NATO’s new Secretary-General Stoltenberg says ceasfire in Ukraine offers opportunity but Russia maintains its ability to destabilize Ukraine
  • All three members of Dallas ambulance crew exposed to ebola patient test negative for ebola – City of Dallas
America’s generation debt

In the United States, university students graduate with an average of 25,000 dollars of debt.

Today, half of those graduates are either unemployed or underemployed. Many are unable to pay back their loans. National student debt stands at one trillion dollars, that’s more than credit card debt.

For this generation, there is a feeling of déjà vu, of injustice. They feel that during the subprime crisis the banks got bailed out, but students who borrowed money to get a college education have been sold out.

With the presidential election just days away, euronews takes a look at what the US media has labelled “generation debt”.

Copyright © 2014 euronews

More about: