Educational Technology

October 3, 2019

Student Debt Levels Rise, but More Slowly

Filed under: Educational Technology — admin @ 12:35 am

By Elin Johnson, Inside Higher Ed

Last year’s bachelor’s degree graduates had $29,200 in cumulative student debt, 2 percent more than their peers the year before.┬áThat represents a slight slowing in the rate of borrowing, as the average debt level for borrowers rose at a steady average of 4 percent a year between 1996 and 2012 and slowed after that between 2012 and 2016 before reaching the 2 percent it rests at now.

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