DEBT WITHOUT DEGREE: The human cost of college debt that becomes “purgatory”
The Hechinger Report
AUGUST 9, 2017
Students who withdraw are also much more likely to default on their loans; dropouts make up two-thirds of defaults nationwide. The number of dropouts with federal loans at these institutions has grown from 35,443 in 2007-09 to more than 56,600 in 2013-15. In that time the median student debt at most schools more than doubled.
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