Studies

Study: Undergrad Student Loan Borrowing Down More Than $15 Billion in 5 Years

With tuition costs rising year after year, you might think undergrad student loan borrowing would be rising along with it. But according to a new Student Loan Hero study, students today aren’t taking out as many federal student loans — which account for about 85% of all student loans — as they were five years …

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Which Public Schools Burden Students with the Most Debt

When it comes to choosing a college or graduate school, public institutions tend to be more affordable than private ones, especially for in-state students. According to the College Board, the average annual tuition at a four-year private school is $32,410, compared to $9,410 at a four-year public school for state residents (and $23,890 for out-of-state …

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In Which Majors Do Students Go Furthest Into Debt, and Is it Worth it?

Going to college undoubtedly increases a student’s earning prospects. Those who obtain a degree make an average of 71% more money than peers who halted their education after high school, according to the U.S. Census Bureau. Going into student loan debt, however, is a heavier price to pay for some majors than it is for …

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78% of Recent Graduates Say Student Loan Debt Hinders Lifestyle and Financial Milestones

Student loans have a way of making you feel stuck in the mud, if not sinking in quicksand. In order to see how big an impact this debt has, we surveyed borrowers who left school in the last five years. We found that nearly 8 of 10 of them say their student loan debt has …

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Places With the Most Student Loan Debt in 2019

Go ahead and call student loan debt a national crisis — just don’t forget that it affects some regions more than others. Seven of the 10 metropolitan areas (cities and their surrounding areas) with the highest median loan balances are in the South, including locales in Georgia, Alabama, Louisiana and the Carolinas. On the flip …

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