President Barack Obama has called higher education "one of the crown jewels of this country." However, U.S. students have garnered more than $1.2 trillion in outstanding student loan debt, and 83 percent of that debt, or $1 trillion, stems from federal student loans. This has had a deep impact on millennials and the economy.
Fresh out of college and new to New York City, young people arrive with the expectation of "Sex in the City" and "Glee"-style adventures, guided solely by the hot lights of the city and a sense of whimsy. Instead, they are confronted with the high cost of NYC's living and unshakable college student loan debt, which often forces them to pit financial obligations against one another.
