Check out PHENOM in the Boston Globe: Who should pay for higher education at UMass and beyond? (by Evan Horowitz).
“As tuition has grown, so has student debt. Total student debt in the United States now measures in the trillions, having tripled in the past 10 years.
Fully three-quarters of students at Massachusetts’ public four-year institutions rely on loans, according to an analysis released by the Public Higher Education Network of Massachusetts.
Paying back these loans siphons off money young people could otherwise use for buying a house, starting a business, or simply making purchases that pump dollars into the local economy.”