Student loan debt vs. credit card debt







Student loan debt vs. credit card debt, Credit cards are no longer the largest source of debt for Americans -- according to the Wall Street Journal, student loans have taken the crown.


Americans owe some $826.5 billion in revolving credit, according to June 2010 figures from the Federal Reserve. (Most of revolving credit is credit-card debt.) Student loans outstanding today -- both federal and private -- total some $829.785 billion, according to Mark Kantrowitz, publisher of FinAid.org and FastWeb.com.