
photo courtesy of businessinsider.com
U.S. College Dropouts Are Increasing Due to Rising Student Loan Debt
The Washington Post reports:
As the nation amasses more than $1 trillion in student loans, education experts say a vexing new problem has emerged: A growing number of young people have a mountain of debt but no degree to show for it.
Nearly 30 percent of college students who took out loans dropped out of school, up from fewer than a quarter of students a decade ago, according to a recent analysis of government data by think tank Education Sector. College dropouts are also among the most likely to default on their loans, falling behind at a rate four times that of graduates.


June 1st, 2012
AT2W Staff
Posted in
Tags:


