Two-thirds of bachelor’s degree recipients graduated with debt in 2008, compared with less than half in 1993. Last year, graduates who took out loans left college with an average of $24,000 in debt. Default rates are rising, especially among those who attended for-profit colleges.The college bubble update. An article well worth your time.
Monday, April 11, 2011
Student Debt Mounts, Shifting Graduates’ Options
The New York Times reports:
