Location: Part of the Limbic system, in each temporal lobe. Function: Responsible for processing of long term memory and emotional responses. The hippocampus has a unique shape, similar to that of a horseshoe. It not only assists with the storage of long term memories, but is also responsible for the memory of the location of objects or people. We would not even be able to remember where our house is without the work of the hippocampus.
The average borrower in the college class of 2017 is expected to carry more than $38,000 in student loan debt, which may be accompanied by growing credit card debt, as well as an auto loan and maybe even a mortgage.
According to the Federal Reserve, there are over 17 million student loan borrowers under the age of 30 in the U.S. These 17 million people hold a total of $376.3 billion in debt. The average monthly student loan payment for a borrower in their 20s is $351, and the median monthly payment is $203. That means that Americans in their 20s with student loan debt each have an average balance of about $22,135. Millennials in their 30s may have been dealt the worst hand of all. Twelve million people between the ages of 30 and 39 hold a whopping total of $408.4 billion dollars in debt.