Majoring in debt: Some asking if college is worth cost

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Majoring in debt: Some asking if college is worth cost

Wilkes-Barre, Pa., Times-Leader

August 28, 2011

A growing number of college graduates are finding themselves in financial trouble as they face the stark reality of just how much their education cost. Two thirds of college students who graduated in 2010-11 with a four-year degree had at least some debt, with the average debt being $34,430, according to an analysis conducted by FinAid.org. That's more than triple the $9,797 debt carried by the average graduate in 1992. That debt has been fueled in part by the huge increases in college tuitions, which also have more than tripled since the 1980s.

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