A Debt-Free College Education

“Indeed, the price of higher education — and how that price is paid — is still a huge problem in this country. Federal and student loan debt now exceeds $1 trillion. Today, the average graduate leaves school with nearly $30,000 in debt.

And those are just the students who actually graduate. For millions of students, America’s university system is not a pathway to success but a debt trap. As of 2011, nearly half the students enrolled in four-year programs — and more than 70 percent of students in two-year programs —failed to earn their degrees within that time, with many dropping out because of the cost. They leave school far worse than they arrived: saddled with debt, but with no degree to help them land a job and pay it off.”

http://www.washingtonpost.com/opinions/katrina-vanden-heuvel-a-debt-free-college-education/2013/08/06/18b4f13e-fe02-11e2-bd97-676ec24f1f3f_story.html

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