Salon.com > College Debt http://www.salon.com Fri, 04 Jan 2013 12:45:00 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 College debt is completely out of control http://www.salon.com/2013/01/03/college_debt_is_completely_out_of_control/ http://www.salon.com/2013/01/03/college_debt_is_completely_out_of_control/#comments Thu, 03 Jan 2013 18:02:00 +0000 http://www.origin.railrode.net/?p=13160929 ProPublica It's been a year of eye-popping records for student debt. Outstanding student loan debt surpassed credit card debt, with one government estimate pegging total student loan debt at more than $1 trillion.

Such staggering figures drew renewed attention to the fact that rising higher education costs and falling government support for state colleges and universities has burdened individual students and their families with immense debt — all at a time when new graduates face anemic prospects for getting a decent job.

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