National student loan debt reaches a bonkers $1.2 trillion

Kyle Craig wants to go to graduate school, but just being an undergraduate is already drowning him in debt. “I’ve got student loans just like everyone else walking around,” says Craig, a senior at Old Dominion University. “I expect my debt to be around $30,000 by the time I’m done here.” “Yes, I have student loans,” says Kyle Coghill, a …