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What Everybody Thinks About Student Debt Is Wrong

The people having the hardest time repaying their student loans are not graduates with six-figure debt, rather they are borrowers who took out a fraction of that amount, attended for-profit or community colleges, and never earned a degree, according to a report released Tuesday by the White House.

The findings are in line with a body of research that is changing the conversation about what was widely considered a student-debt crisis but now seems more like a student-debt burden. That burden is largely borne by low-income students whose families lack the resources to help them cover the debt and those who attend for-profit colleges, according to the report.