Credit Suisse’s Top U.S. Economist Explains Current Student Loan Crisis in 9 Charts

Neal Soss, Credit Suisse's leading U.S. economist recently published a report entitled, "A Lesson on Student Loans," in which he laid out the current student loan crisis in nine charts.  "In the past few years, the volume of student loans has increased dramatically, reaching almost $1 trillion by the end of Q1 2012," wrote Soss.  "Student loans outstanding have surpassed credit cards and auto loans as the second largest form of consumer debt, following mortgages."  This much we've known for some time.  What is troubling for anyone contemplating a return to school is the dramatic increase in tuition rates we've seen across the board, despite a weak economy and depressed wages that make it harder for students to repay their loans should they make it to graduation.     

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