Some Decline in Total Student Loan Debt

POSTED BY MARTIN KICH

The following page is from a College Board Report on Student Debt:

decline-in-student-debt

Of course, one of the factors in this decline has been the closure of several of the largest for-profit chains with dozens of campuses nationwide and the dramatic decline in enrollment at the major online for-profit institutions. So, although the total annual debt has declined, the average debt per student has continued to increase, as has the total cumulative debt and its economic impact.

The complete report can be found at: https://trends.collegeboard.org/sites/default/files/2016-trends-student-aid.pdf.

 

 

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