College Admissions Officers Say $20,000 in Student Debt Is NBD
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Every year, Inside Higher Ed anonymously surveys college admissions directors about a host of hot topics in their field. Given all the attention to the ever-growing mound of student debt, the survey for the past two years has included an intriguing question for the officers: How much debt is “reasonable” for a student to accumulate over four years in school?
The responses boil down to “quite a lot”—especially at private colleges. Here’s the key chart: