A Study Reveals How High Student Loan Debt Translates to Fewer Entrepreneurs Willing to Start a Business
In a Nutshell: At around $1.5 trillion, student loan debt in the U.S. is quickly becoming what many experts are categorizing as a crisis. It is only outranked by outstanding mortgage debt and is higher than both auto loans and credit card debt. A recent study published in Marketing Science, the journal of the Institute for Operations Research and the Management Sciences (INFORMS), explores the relationship between student loan debt and entrepreneurship.