General World News

How grad schools became the hidden culprit behind America’s student-debt crisis

student loan debt

  • Households with at least one advanced degree carried 51% of overall student-loan debt in 2016.
  • More students are attending and completing graduate school, but as master’s degrees become more expensive, they’re also borrowing more.
  • Graduate students can more easily pay off loans because they tend to get high-paying jobs. Sometimes, though, those high-paying jobs earn less than the debt the borrower accumulated.
  • Visit Business Insider’s homepage for more stories.

At $1.5 trillion, the nation’s student-loan debt is at an all-time high.

The climbing cost of undergraduate school often bares the brunt of the blame, but graduate school read more >>>

Source:: BusinessInsider.Com