"… Today’s students are borrowing more in loans, while colleges and universities continue to raise tuition and fees.
College graduates from the class of 2017 who took out student loans borrowed nearly $30,000 on average, according to data reported to U.S. News in its annual survey. That’s around $9,000 more than borrowers from the class of 2007 had to shoulder – representing a more than 40 percent increase in the amount students borrow." …