Wikipedia Commons
Sept. 1, 2020
Wesley Whistle wrote an article in Forbes about the unexpected drivers behind student debt: Pell Grant shortcomings, graduate student borrowers, and increased enrollments.
College is expensive. Since the 1999-2000 academic year, the net price of tuition, fees, room, and board at a public four-year college has increased 68%. The amount borrowed to go to college each year has doubled in the same time. Today, the cumulative federal student loan debt is over $1.54 trillion, more than double the amount in 2010.
Read the full article here.