These 10 stats are taking higher ed’s breath away

For the first time, national data reveals the hidden costs of financing U.S. higher education…and it’s horrifying

higher-education-debt They’re the kind of statistics, spanning a decade and across the entire U.S., that as you read them, your jaw takes on additional gravity—dropping lower and lower—as you set your coffee cup down and yell to your coworkers that “you won’t believe this.”

Most of us in education know that there’s a debt problem happening in higher education: student loans are insane, debts can’t be repaid, for-profits are pretty much the scourge of the Earth, and the price of traditional four-year colleges is becoming less and less justifiable in today’s economy.

But these are blanket ideas—worrying but without substantial depth; think of it as knowing that the weather is changing but not actually standing on a melting ice shelf.…Read More