Student Debt... It's Worse Than You Thought


by Natalie Lubsen on May 2, 2014 | Views: 167 | Score: 3
Total outstanding educational debt
2004364
2012966
Dollars (Billions)
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Natalie Lubsen
Natalie Lubsen on Apr 26, 2014 1:46 PM said:

According to the Federal Reserve Bank of New York, the total outstanding educational debt has nearly tripled in the the last decade, growing from $364 billion in 2004 to $966 billion in 2012. On average, it rose by 14% every year.

Amy
Amy on Mar 6, 2016 4:40 PM said:

Why do you think this is? Are more students attending college? Are colleges transferring a larger proportion of tuition costs to students? Are colleges spending money on non-essentials and also driving up the price tag?

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