Students are borrowing dramatically more to pay for college, accelerating a trend that has wide-ranging implications for a generation of young people, reports the Wall Street Journal. New numbers from the U.S. Education Department show that federal student-loan disbursements--the total amount borrowed by students and received by schools--in the 2008-09 academic year grew about 25 percent over the previous year, to $75.1 billion. The amount of money students borrow has long been on the rise. But last year far surpassed past increases, which ranged from as low as 1.7 percent in the 1998-99 school year to almost 17 percent...

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