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Student Debt Crisis Affects Young Adults More Than Ever

Young adults today face much more student debt than their parents did. In 1989, only 15% of young households had student debt. By 2019, that number jumped to 41%. The amount of debt is also much higher - from $13,074 in 1989 to $47,608 in 2019, which is nearly four times more money. More young people are going to college now, which is good. But with debt levels rising and wages staying mostly the same, many young adults worry they won't do as well financially as their parents. This website explains how student debt affects the whole economy and encourages young people to get involved in civic activities to help solve this problem. The Up to Us organization wants students to learn about fiscal policy and take action through pledges, competitions, and leadership programs.