News & Press: Student Loans

Study: Student Debt Increasing for Four-Year Graduates

Wednesday, November 6, 2013   (0 Comments)

This October, the U.S. Department of Education released the brief report "Degrees of Debt." The report compares the effects of student debt on three cohorts of students who received a bachelor's degree over a 15-year period, and has some interesting – and in one case surprising – findings.

The three cohorts examined in the report graduated in 1992-1993, 1999-2000 and 2007-2008. The 2007-2008 cohort graduated during the Great Recession, which may influence some of the numbers.

The report looks at each of the cohorts a year after graduation and compares their student loan borrowing; their ability to repay their loans; and the relationship between their student debt and the likelihood of going to graduate school and of living with their parents.

Click here to read the full article on U.S.News.