Student debt triples since 2004
The New York Fed has some interesting statistics regarding the increase and composition of student debt by age and amounts. Such debt has tripled in the last nine years. Lots of reading to be had.
Relevant and even prescient commentary on news, politics and the economy.
I think most of it related to the crisis in 2009. Professional thought they are too good to get a lower paid job and went to universities and colleges to sit through the storm.
Typically this sort of crowd (over 30+) has money to pay of the debt if cornered.