Quoted: UW-Madison education professor Nick Hillman leads a research lab that’s dedicated to understanding how student loan debt impacts borrowers after they leave college.
“1 in 5 are clear of debt in 5 years, 1 in 5 struggling and in default within 5 years, so that means you have 3 in 5 who are kind of in this muddy middle,” he said.
Hillman’s research shows nearly 50 percent of Wisconsinites between the ages of 18 and 34 have student loans, but that steadily decreases among older age groups.