US student debt is accelerating towards a new, $2 trillion milestone — a 30 percent surge within the next 36 months — according to an analysis.

And as the debt climbs rapidly higher toward that record number, up from $1.54 trillion, according to the Federal Reserve Bank of New York earlier this year, the return on investment for college grads is shrinking just as fast, analysts warn.

The monumental student debt bill, growing by nearly $30 billion each quarter, is racing toward $2 trillion by as early as 2021 — less than a decade after street protests erupted over it surpassing $1 trillion in 2012.

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