Student Loan Debt Hits Another Record, College Sports Coaches Making Millions

Student loan debt hit $1.57 Trillion as of 4Q 2018 which set another all-time high along with other forms of household debt including mortgage debt, credit card balances, and auto loans.This comes even as less students are enrolling. With millennial graduates seeing unemployment rates nearly triple the overall average, we see nearly one-third of millennial living at home with their parents even into their mid to late twenties. The ironic part of it is that, in many cases, university sports programs generate millions of dollars for the schools while student athletes are not allowed to earn money through their notoriety as an collage athlete.
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