Why Student Debt Is Crippling Entrepreneurship

With Covid-19 battering the economy, helping aspiring business owners seems like a no-brainer. So, where’s the relief?

In the U.S., student debt stands at around $1.7 trillion, up from $521 billion at the end of 2006, according to the Federal Reserve. That burden is spread across close to 45 million adults, with three-fourths of the graduates from private, nonprofit schools holding an average debt of more than $32,000.

By Leigh Buchanan, Editor-at-large, Inc. magazine