Student loan debt holding back economy


High levels of student debt and unemployment are dragging down 20-somethings, who aren’t participating in the economy like their predecessors, two economists said in Durango on Wednesday.
“Young folks who are coming out of school with more debt than ever are having a hard time getting that first job,” said Phyllis Resnick, lead economist at the Colorado Futures Center, based at Colorado State University’s Denver Center.