Monday, April 30, 2012

Student loans....

There is much to say about the debate/discussion currently taking place regarding student loan debt.  I'll say more in a later post, but for now, let's take a look at some data Mike Konczal has over at his new blog (see here).


So the first fact that we should recognize is this:  students are borrowing a much higher percentage of the total cost of college as a result of the significant reduction in state and federal support (read grants!).  I'm making no evaluation of this fact yet, but it needs to be recognized by anyone engaged in a discussion about student loan debt.

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