Average college student borrowing slowly increases

Source: theaggie.org Posted By: brad S...5355 days ago

Student borrowing is, slowly but surely, on the rise.

While the amount of debt accumulated by graduates of public and private four-year colleges grew relatively slowly, the amount of debt by certain groups in higher education grew rapidly between 2003 and 2008, according to a recent study by the College Board.

A growing minority of students, however, still graduate with excessive debt.

"The analyses in 'How Much Are College Students Borrowing?' examine the borrowing decisions students and....

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