College Costs Slipping Out of Even the Upper Class' Reach
by Peter Graham on Oct 10, 2014 | Views: 233 | Score: 1
| Low Income | Lower Middle | Upper Middle | High Income | |
|---|---|---|---|---|
| 1992-1993 | 67 | 45 | 34 | 24 |
| 1990-2000 | 69 | 63 | 60 | 45 |
| 2011-2012 | 77 | 70 | 62 | 50 |
Americans graduating with student loan debt, by economic background
%
Sources:
pewsocialtrends.org
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While there is a clear relation between an American college graduate's chances of finishing school with debt and their socioeconomic background, it is especially shocking to see just how quickly the costs of university education have risen. The percent of Americans from high-income families graduating college with student debt are twice as high as they were in the early 90s.