Student loan debt has outpaced credit card debt and will reach $1 trillion this year. From the New York Times:
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.
State support dwindles (both for the university’s budget and in terms of financial aid), tuition goes up, students have more debt. This is the status quo.
We need something bold. We need something new. Maybe next year’s legislative session will have some answers.
Lyzi Diamond is the editor in chief of the Oregon Commentator. She is a member of the Student Free Press Association.
Like The College Fix on Facebook / Follow us on Twitter
Please join the conversation about our stories on Facebook, Twitter, Instagram, Reddit, MeWe, Rumble, Gab, Minds and Gettr.