Since 2003, borrowing for education advanced faster, in percentage terms, than all other types of consumer debt that includes mortgages, auto loans and credit cards, data from the Federal Reserve Bank of New York show. As of the fourth quarter, student loans represented 10.5 percent of a record $13.1 trillion in household debt, up from 3.3 percent at the start of 2003.
PTELook at the text below. In 35 seconds, you must read this text aloud as naturally and clearly as possible. You have 35 seconds to read aloud.
Recorded Answer
Current status:
Beginning in 35 seconds.