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Student loan debt is expected to hit the $ 1 trillion mark soon. It is currently at $978 billion. You can see the debt ticker by clicking here.

Now some analysts suggest the crisis over student loan debt could become the next big financial bubble to burst.

Last November the News 4 Investigators told you about the high cost of higher education and the looming student loan debt crisis. We started tracking this story last year when the total outstanding student loan debt surpassed credit card debt.

The National Association of Consumer Bankruptcy Attorneys (NACBA) released a report this week titled The Student Loan "Debt Bomb": America's next Mortgage-style Economic Crisis? NACBA conducted a survey of its members. The survey indicates a surge in potential clients seeking assistance with overwhelming student loan debt.

The report claims the average college student is graduating with an average of $25,250 in debt. And this debt burden has a negative impact on normal life-cycle events such as buying a car or home. Some of the people the News 4 Investigators interviewed in our November story said they've decided not get married or start a family because of their debt burden. It has been widely reported that thousands of college graduates are moving back home with their parents.

The News 4 Investigators are currently working on another segment about the student debt problem which will broadcast in February.

In the mean time you can see NACBA paper, a summary and the results the recent survey by clicking here.