A Record One-in-Five Households Now Owe Student Loan Debt
Student debt has increased in nearly every demographic and economic category since 2007, as has the size of that debt. The burden of student debt is greatest for the young and the poor.
Is College Worth It?
College costs are rising, student debt is mounting, and the public is skeptical about the value of a college degree, according to two new Pew Research Center surveys. Meantime, only 19% of college presidents say the U.S. system is the best in the world. But more than eight-in-ten college graduates say college was a good investment for them personally.
The Rise of College Student Borrowing
Graduates who received a bachelor’s degree in 2008 borrowed 50% more (in inflation-adjusted dollars) than their counterparts who graduated in 1996.