Each investor must perform their own due diligence when investing in for-profit businesses. Knowing how to read a company earnings report is one way to accomplish that task.
Over the past few decades student debt in the United States has grown significantly. According to the Federal Reserve, in the second quarter of 2021 student loans in America topped a whopping $1.73 trillion. Experian (a global information services company) believes student loans in the US have become a national epidemic. Their figures show that, on average, Americans are carrying $35,620 in student loan debt.