Posts Tagged ‘us college dropout’

U.S. College Dropouts Are Increasing Due to Rising Student Loan Debt

us college dropouts and student loan debt

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.