Erin Dillon and Kevin Carey (Charts You Can Trust, Drowning in Debt: The Emerging Student Loan Crisis) suggest there is a crisis. They provide data in this analysis to support the view that student debt has risen sharply over the last two decades. The largest increase was by students at for-profit institutions, where borrowing increased from 53 percent in 1993 to 92 percent in 2008.
Thursday, July 9, 2009
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