To clarify a bit...
42% of students graduate (undergraduate studies) without any debt.
And 78% of graduates have less than $30k in debt.
The numbers aren't great, but the majority of students finish with either zero debt or a very manageable amount of debt. There is a small fraction of students taking massive loans that skew the overall picture.
And bachelor degree holders continue to earn, on average, $1 million more than high school graduates over their career.
All that said, I agree college should be affordable without loans. Summer jobs, co-ops/internships, etc.
The numbers aren't great, but the majority of students finish with either zero debt or a very manageable amount of debt. There is a small fraction of students taking massive loans that skew the overall picture.
And bachelor degree holders continue to earn, on average, $1 million more than high school graduates over their career.
All that said, I agree college should be affordable without loans. Summer jobs, co-ops/internships, etc.
https://www.aplu.org/projects-and-initiatives/college-costs-...