College and University Blog
Student Loan Mania: College Debt Still on the Rise
Just last month the U.S. Department of Education reported that the default rate on student loans has climbed to nearly 7% and student loan statistics are making headlines yet again.
According to Student Debt and the Class of 2009, a report released by the Project on Student Debt on October 21, 2010, college seniors that graduated in 2009 owed an average of $24,000 in student loan debt
Melissa Rhone+
Melissa Rhone earned her Bachelor of Music in Education from the University of Tampa. She resides in the Tampa Bay area and enjoys writing about college, pop culture, and epilepsy awareness.