Economy

Student loan debt tops $1.4 trillion

By Joseph Lawler
Published May 17, 2018 2:00pm ET
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Student loan debt tops $1.4 trillion
Students rallied through the heart of the campus Friday, calling on the college to join a national movement to offer more grants to low-income students so none have to rely on loans to attend Bates. | (Daryn Slover/Sun Journal via AP)

The giant mountain of student loan debt keeps getting higher.

Total student loan debt grew to $1.41 trillion at the end of the first quarter, the Federal Reserve Bank of New York reported Thursday, up $29 billion from the last count.

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