Debt at Graduation
Average debt at graduation increases every year, driven by a failure of grants to keep pace with increases in college costs. The percentage of students graduating with student loan debt is also increasing.
The burden of paying for college has shifted from the federal and state governments to families. Family income is flat, forcing students to either shift their enrollment from higher‐cost colleges to lower‐cost colleges or graduate with more debt. Low and moderate‐income students are being priced out of a college education.
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