MarketWatch: America’s student-loan debt grow $3,055 every second

Student load debt in USA is exploding at a rate of $3,055.19 every second according to a clock created by MarketWatch.

Student debt has reached to a record $1.2 trillion and is the most significant liability after home mortgages,

Increasing tuition fees, education cuts and the growth in the college-going population is fueling the growth is outstanding student loans over the past decade. About 70% of students graduate college with debt.