A Historical Look at Student Debt

Inside Higher Ed:

The landscape for student borrowing has changed significantly in the last 15 years, in several ways: The federal government now has different rules for who can borrow (and how much debt they can take on), and, of course, the price of college has continued to shoot ever skyward. For those and other reasons, it’s difficult to fully gauge the implications for today’s borrowers of a study on student indebtedness released Wednesday by the U.S. Education Department’s National Center for Education Statistics. But the report found that most borrowers who finished college in the early 1990s were able to manage their student loan burden without enormous strain.

The report, “Dealing With Debt: 1992-93 Bachelor’s Degree Recipients 10 Years Later,” taps into one of the government’s most vibrant databases of student outcomes, the Baccalaureate and Beyond Longitudinal Study, to examine the debt burdens and repayment histories of students who graduated with four-year degrees during the 1992-93 academic year.

Posted by Jim Zellmer at July 7, 2006 2:07 PM
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