Graduating Class of 2015 Most Debt Burdened in History. 43 million people are carrying $1.3 trillion in student debt.
Americans owe $1.3 trillion in student loans, with $43 million people, young, old, and everyone in between burdened with student debt. This debt has shaken the fundamental values of the nation's higher education system. Now the Republicans are proposing to cut $150 billion from student aid in the recently passed budget bill, including freezing the Pell program that helps needy students acquire higher education.
College costs have increased 1000 percent since the '70s. Students are graduating with an average of $25,000 to over $100,000 in debt, and often with an education that will not secure them a good-paying job...
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