Ashley Dale

Photo of a ball and chain with "student loans" written on it
thisisbossi / Flickr

Forty-two million people in the United States owe $1.3 trillion in student debt, according to a recent report from Reveal radio program in conjunction with the Center for Investigative Reporting.

In 2014 in North Carolina, 61 percent of students graduating from public and private four-year institutions graduated with loans amounting to an average of $25,000 per individual, according to The Project on Student Debt. The privatization of Sallie Mae and the continued disinvestment in public higher education at the state level contribute to the problem.