How Much are Young Americans Paying a Month on Student Debt? Less than You Think

Many Americans are struggling under huge monthly student-debt bills. But they are a sizeable minority, not the norm. That’s the conclusion of research from the Federal Reserve Bank of Cleveland. The typical borrower between ages 20 and 30 pays $203 a month toward student debt. Three-quarters of rrowers pay no more than $400 a month, the study shows. Read More