With almost one out of five (19%) of the nation’s households owing student debt in 2010, averaging $45,000 and total student debt passing $1 trillion dollars – an amount greater than what Americans owe on either auto loans or credit cards – student debt is like a yoke keeping many people from owning a home, buying a vehicle, getting married, having children, starting a business activities vital to the economy and the future. Two-thirds of 2011 graduates owe on average #26,000m, accpording to a new report. [Read more…]