It’s 2018 and Americans are more burdened by student loan debt than ever! In fact, the average student loan debt for Class of 2017 graduates was $39,400*-- up six percent from the previous year. You’ve probably heard the other scary statistic: Americans owe over $1.48 trillion dollars in student loan debt. That’s about $620 billion dollars more than the total of all U.S. credit card debt! And now, a fast growing new class of student loan borrower is developing: those who owe one million dollars or more! And I'll bet you didn't know their loans get forgiven once they hit $2 million dollars! The fact is that most student loans will likely never be paid back. Today, we'll explore the problem and how it could affect YOU--even if you are an innocent retiree, simply minding your own business!! MASTERING MONEY is on the air!!