More than 43 million Americans have more than $1.3 trillion in student loans — more than doubling from $600 million in 2006. This dramatic increase is creating a crisis for younger workers, an opportunity for brokers and a push for legislators to do something.

Seven-in-10 graduates from the class of 2016 have student loans, with an average loan balance of $37,172, according to Brian Walters, senior vice president at GradFin, a student loan debt repayment company. On top of that, 90% of borrowers do not know their interest rate, he explained Tuesday during remarks at EBA’s Workplace Benefits Mania in Las Vegas.

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