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New Report Traces Dramatic Rise in Student Loan Debt in the. – Today there are more than 700,000 Bay Area residents with student loans who collectively owe nearly $27 billion, an amount that’s more than tripled in the last 15 years ago. That’s according to a new report from the Federal Reserve Bank of San Francisco and the city’s Office of Financial Empowerment.
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A financial planner has advice for a 30-something with over $100,000 in student loans who wants to buy a house near San Francisco: Don’t – Linda, a 30-something Bay Area resident, is more than $US100,000 in debt from student loans, she told Jill Schlesinger, a certified financial planner, on an episode of her “Jill on Money” podcast..
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