In this week’s edition of “Three on Thursday,” we examine the state of student loan debt in America—a financial and political flashpoint. Student debt now makes up 9% of total household liabilities, the highest share on record going back to 2003. This mounting burden reflects the skyrocketing cost of higher education—and it’s weighing heavily on millions. According to figures released last month by the Department of Education, only 38% of federal borrowers are currently in repayment and up to date, signaling a wave of financial stress ahead. 

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