Student Loan Debt Reaches All-Time High

October 19, 2011 Updated Oct 19, 2011 at 10:17 AM EDT

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Student Loan Debt Reaches All-Time High

October 19, 2011 Updated Oct 19, 2011 at 10:17 AM EDT

Student loan debt levels are at an all-time high, according to a USA Today report.

According to the USA Today story, the amount of outstanding student loan debt will exceed $1 trillion for the first time this year. Total outstanding debt has doubled in the past five years, according to the report.

Read the USA Today story HERE.