The hippocampus is a small, curved formation in the brain that plays an important role in the limbic system. The hippocampus is involved in the formation of new memories and is also associated with learning and emotions. Because the brain is lateralized and symmetrical, you actually have two hippocampi.
The total outstanding student loan debt in the U.S. is $1.2 trillion, thatâs the second-highest level of consumer debt behind only mortgages. Most of that is loans held by the federal government. About 40 million Americans hold student loans and about 70% of bachelorâs degree recipients graduate with debt. The class of 2015 graduated with $35,051 in student debt on average, according to Edvisors, a financial aid website, the most in history.
The average undergraduate student borrower is facing $30,100 in loans, up 4% compared to the year before, according to a report from The Institute of College Access and Success released Tuesday. That means they'll be paying about $300 a month over 10 years. The report might underestimate the average debt. It excludes students who went to for-profit colleges, because so few of those institutions report relevant data. But a majority of for-profit students do borrow money. Related: 4 steps to paying off $100,000 in student debt.