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. That 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.

https://www.insidehighered.com/news/2019/09/20/report-shows-growth-student-debt-slowing

Share on Facebook