#degreesnotdebt

Student loan debt is erupting—more than 70 percent of America’s students borrow money to attend college, and the average student graduates from college owning nearly $30,000. Total student loan debt currently stands at a staggering $1.2 trillion, surpassing total credit card debt.

Are you one of the 40 million Americans affected by student debt? Whether you’re a student, a parent or an educator, please share your story. Make sure Congress and voters know what debt really looks like.

Fueling the student debt monster are colossal increases in tuition, which have far outpaced price increases in consumer goods. Source: Education Center for National Statistics. (BY MARY ELLEN FLANNERY) Read the full story. 

Last year, seven out of ten college graduates left school owing an average of average $29,400 each in student loans. The charts below clearly illustrate that student debt isn’t just a burden anymore – It’s become a barrier to the American Dream. But you can do something about it. The Degrees Not Debt Week of Action is November 10th – 18th. Learn more about how you can get involved. By Mary Ellen Flannery