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Placing the blame as students are buried in debt

By Alliance Alert

New York Times: "According to the College Board?s Trends in Student Aid study, 10 percent of people who graduated in 2007-8 with student loans had borrowed $40,000 or more. The median debt for bachelor?s degree recipients who borrowed while attending private, nonprofit colleges was $22,380. The Project on Student Debt, a research and advocacy organization in Oakland, Calif., used federal data to estimate that 206,000 people graduated from college (including many from for-profit universities) with more than $40,000 in student loan debt in that same period. That?s a ninefold increase over the number of people in 1996, using 2008 dollars."

Full post as published by Constitutionally Correct on June 01, 2010 (boomark / email).