Why has the cost of college in the U.S. skyrocketed? - 13D Research

otal student debt has seen cumulative growth of roughly 157% in the past 11 years, with $1.5 trillion now outstanding, the second-most of any consumer-debt segment, trailing only mortgages. And default rates are rising — more than one in 10 borrowers are at least 90 days delinquent, the highest for all household debt segments. As we explored in WILTW August 2, 2018, this debt burden is not only a threat to the personal finances of millennials, but the vitality of the U.S. economy as a whole — threatening everything from home values to the dependency ratio to consumer spending and entitlement spending. https://latest.13d.com/why-has-cost-college-us-skyrocketed-debt-student-12a08596b276