![]() National Center for Education Statistics. “ Federal Student Loan Portfolio,” Click on "Federal Student Aid Portfolio Summary" and Download Spreadsheet. ![]() “ Effect of the Escalating Cost of Tuition in Higher Education in the United States.”įederal Student Aid. ![]() Journal of Education, Society and Behavioural Science. “ The Far-Reaching Impact of the Student Debt Crisis.”Īmerican Association of University Women. Most students are unable to pay for college without financial aid, even if they receive funding from parents and/or scholarships, due to how the price of higher education has escalated over time. This money is often primarily used to pay tuition but also can be used for school supplies, basic necessities, and anything else that a borrower purchases during their academic career. Student loan debt is what’s owed to a lender that provides funding for higher education.
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