Some economists have argued that low-income Americans can expect to pay more in student loans than they otherwise would, and that it could be a problem for the economy as a whole.
The number of borrowers at the bottom of the income scale, however, is not as big as the number at the top, and this has not led to a lot of concern about the potential impact of the debt on the economy.
A new study from the US Bureau of Economic Analysis (BEA) is now looking at this question, and it finds that while the federal student loan program has increased significantly in size over the last few years, the size of the average loan debt per borrower has remained stable.
The BEA study looks at the cost of borrowing for students at all income levels from 2006 to 2022, and then again from 2022 to 2021.
The results are not as dramatic as some may think, as the average amount of debt per person has remained roughly constant.
The increase in the cost per borrower is largely due to the fact that people are getting more help from their parents to pay for their higher education.
“There’s not as much debt on this scale as some would have expected,” says the BEA’s Michael Hiltzik.
“We’re seeing a small but significant rise in debt among those who have less income.”
That could mean that, in the long term, it may not be too big a deal.
But it could also mean that students in the lower income group have to make up for the lower costs.
Hiltik says the main cause for this is that a lot more borrowers are in default, which can lead to higher rates of interest.
It could also increase the chance of defaulting on your student loans if you don’t do anything about it.
That’s not to say that the increase in debt could be bad, Hiltz says, but it could lead to some financial problems down the road.
The report notes that there are other ways that the debt is rising.
The biggest one is because of a change in the federal minimum wage, which increased in 2015, according to the Bureau of Labor Statistics (BLS).
This could have a bigger effect on students who are currently in the bottom 20% of the incomes.
The average amount for a family of four is about $52,000.
For a family in that group, that means a $10,000 loan would have an average payment of $7,700, which is almost double the $5,700 payment they made in 2005.
That is due to changes to the minimum wage law that took effect in January.
As a result, the minimum hourly wage for full-time workers has increased to $9 an hour, from $7.25 an hour.
This change has caused a change to the average repayment schedule, which means that if you take out a $20,000 student loan, your repayment will start out at about $5.50 per month, and will gradually rise as you add more income.
If you take it out for a longer time, your payment will increase more dramatically, at $12 per month.
As this increases, the average payment per borrower will increase.
The study also found that the cost to borrowers of paying for tuition increased in the last two years, with the average monthly cost for undergraduates in the same income bracket rising by about $200 a year, or 2% a year.
That was because the cost for a private university education rose by almost $200 per student year.
As Hiltak points out, that doesn’t sound like much.
“It’s a relatively modest increase,” he says.
But if you compare this with the overall costs of paying a student loan for the last 10 years, it is significant.
The cost per student loan to be paid is about 2.5% of a family’s income.
So if you have $50,000 in your budget, that will cost you about $3,300 in interest.
In addition, Hildzik points out that a student with $50 million in student debt could easily pay it off in six years, but the average person only has three years left.
He adds that this could lead people to believe that the average student loan borrower is being over-leveraged, but that’s not the case.
“If you look at the average cost per loan, the borrower doesn’t get the benefit of the government helping them pay it down,” he explains.
“The borrower doesn