Over the last 25-30 years there has been a shift in who bears the cost of attending college from the federal and state governments to students and their parents, and that has entailed more and more student loans. We are seeing increasingly that college students are taking on more debt to get a college degree to get jobs that might not actually be there in the end.
On an individual level student loan debt makes it harder for college graduates to maintain a prosperous middle class existence
There are three major ideas to address this crisis. Continue reading “Today the aggregate student loan debt is over on trillion dollars”