Student debt grows as tuition increases
Source: greenvilleonlin Posted By: Jon P...5418 days ago
As universities struggle to keep tuition affordable and academic programs running, students struggle to afford the cost.
And as tuition goes up, so does debt.
Clemson University increased tuition 4.5 percent for in-state students and 7.5 percent for out-of-state students Thursday as it grappled with a loss of $45.7 million in state and endowment funds. Also, the university cut 452 positions to help offset its budget loss.
The university's board of trustees adopted a strategic plan after months....