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.
Despite having more student loan debt than the average American, young adults are paying down their debt more aggressively. In March, young adults paid off 1.2% of their student loans while others only paid down 0.7% even though young adults only carry an average of 4% more student debt. In March, the average young adult paid down 57% more student loan debt than older generations, $461 versus $294.