The total outstanding student loan debt in the United States has surpassed $1 trillion, the Consumer Financial Protection Bureau said. The number was much larger than estimated in numerous other studies, Rohit Chophra, CFPB’s student loan ombudsman, said March 21. The staggering number came from the bureau’s first major study of the private student loan … Continue reading U.S. Student Loan Debt Surpasses $1 Trillion, Collateral Loans Seen as Solution in Era of Tough Credit