While higher education has long been viewed as key to achieving the American Dream, surging tuition costs, aAccording to figures published on the
And, as Alicia Sasser Modestino, associate professor at Northeastern University, told Insider in a statement,"the recent declines in college enrollment reflect a continuation of long-term trends that have been exacerbated by COVID."As tuition costs continue to rise, more and more people have turned to student loans to finance their higher education — and it's led to a $1.7 trillion student debt crisis impacting 45 million Americans.
"The first couple of generations to go through using primarily the student loan system was more of an experiment," Stephanie Hall, senior fellow at the Center for American Progress, told Insider.
Cost, cost, cost 🤬
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