Valerie Plesch | The Washington Post | Getty images
The United States Ministry of Education takes aggressive measures to restart the collections on Federal student loans Who are in default – just as current secondary elders are ready to accumulate new sales on their way to a university diploma.
Currently, About 42 million Americans According to expert Mark Kantrowitz, hold federal student loans and more than a million high school graduates, graduates of new education in the coming months, Mark Kantrowitz.
As they graduated, these students could each take up to $ 40,000, on average, federal and private aid to obtain a baccalaureate, according to a new Nerdwallet analysis Data from the Department of Education, against $ 37,000 in the previous year.
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The problem of the affiliation of the college
Each year, new students are pumped into the student loan system while Many current borrowers find it difficult to get it out. Despite the efforts of forgiveness of historic student students under the former president Joe Bidenthe country education debt The tab A mainly top.
“We have not been able to ensure that our arms around the problem of the affordability of the college more widely,” said Michele Zampini, principal director of the affiliation of the college at the Institute for academic access and success. “There are new inscriptions each semester and stack continues.”
According to Nerdwallet, approximately 45% of graduates of the 2025 secondary school will go to a four -year college, and more than a third of them will contract student loans to help cover the tab.
The fees of tuition at college have increased significantly in recent decades, including the average of an annual increase of 5.6% since 1983, exceeding inflation and other household expenditure, according to a separate report JP Morgan Asset Management. And families now support 48% of college spending, compared to 38% ten years ago.
“Most people do not have the money to make these payments of their pocket,” said Zampini.
To fill the gap, the students and their families borrowed more, which increased the total of the debt of students pending more than 1.6 billion of dollars.
In a Wall Street Journal On-Ed On Monday, the United States Secretary for Education Linda McMahon said that some institutions made “empty promises to students while praising their loan of loan”.
“Colleges and universities are said to be non-profit, but for years, they have massively benefited from the federal loans, hiking for tuition fees and the stack of endowments of several billion dollars while students obtain their six-digit diploma in red,” she wrote.
Deep cuts in state financing for higher education have also contributed to significant increase in tuition fees And pushed more costs from college to students, other reports show.
Nowadays, tuition fees represent approximately half of the collegial income, while the governments of states and locals provide a large part of the others, according to the Center on Budget and Policy Priories. But about three decades ago, the split was very different, the tuition fees providing approximately a quarter of the income and the governments of the states and local taking most of the difference.
“We haven't really seen a good faith effort to solve this full problem,” said Zampini. “What we have seen instead is a bit of an attack strategy on higher education in general.”
