Student Debt Rises Along With College Tuition–Expect Calls For You To Bail Out Borrowers To Increase

(New York, NY) — Amid calls for the government to use your tax dollars to pay off loan debt for students who over-borrowed, student debt is soaring along with the rising cost of college tuition. The average tuition and fees increased more than one-percent at four-year public colleges for the 2020-21 academic year. According to the College Board, it went up over two-percent for students at private institutions. Most need to borrow much of that money with the total student loan debt now a whopping one-point-seven trillion dollars in the U.S. Figures show seven in ten college seniors owe an average of about 30-thousand dollars when they graduate.