Director of Financial Aid on National Student Loan Debt (WSBT-AM)
Surging above $1 trillion, U.S. student loan debt has surpassed credit card and auto-loan debt. This debt explosion jeopardizes the fragile recovery, increases the burden on taxpayers and possibly sets the stage for a new economic crisis. Saint Mary's College financial aid director Kathleen Brown offers advice on how to avoid taking on too much debt and how to pay it off.