Los Angeles Business Journal

Debt Crushes Business Dreams of Students

Thursday, June 6, 2013

Former students hobbled by a collective $1 trillion in U.S. education loans can be hindered in expanding or forming small businesses and creating jobs for themselves and others, Bloomberg News reports. While self-employment among those 65 years old and over increased 24 percent in 2010 from 2005, the Small Business Administration says it fell 19 percent among individuals 25 and younger.