REPORT: 35% of College Graduates Can't Pay Student Loans

By MSN Now

REPORT: 35% of College Graduates Can't Pay Student Loans

March 4, 2013 Updated Mar 4, 2013 at 2:34 PM PDT

The most popular degree in 2013? Debt.

According to a new report by the Federal Reserve Bank of New York, 35 percent of college graduates under the age of 30 are 90 days or more behind on their student loan payments, up from 21 percent in 2004.

With the job market as it is, many students are electing to stay in school longer and earn advanced degrees; however, upon graduation, these students are finding that their investment isn’t paying off.

And subsequently, their loans can't be paid off either.

There is much more to this story from MSN Now, to read about it CLICK HERE.