私醫聯招 英文歷屆試題｜第 244 題

What used to be thought of as prestigious is now being considered as a toxic asset. Student loan debt is soaring as the rising generation is diving head first into an era where young adults are unable to save and invest their money. This isn't only taking a toll on their personal lives, but it is causing long-term harm to America's economy.

Student debt is climbing every year. This is limiting graduates' income and holding them back from buying a home, a car, and even from getting married. A report issued by John Burns estimates that the heavy debt is reducing home sales by 8 percent. In fact, every $250 paid towards student loan debt reduces the amount that a consumer can borrow for a mortgage by $44,000. According to USA Today, a new study from student aid experts, based on government financial data, shows the average debt is now $33,000. The hole we are digging our graduates in just keeps getting deeper and deeper with very little hope.