Tuesday, December 4, 2012

Student Debt is State Debt

A recent article by Oregon Live details the problems that debt is causing. Oregon's economy, along with the rest of the country, is not recovering fast enough for the state to cover all of its debts. So how do they decide to try to fix this? The state's response to students trying to avoid a slumping economy is to saddle them with debt as well. Now the student debt (which they cannot pay back due to the increase in tuition) has been added to state debt, even though a degree would benefit the economy in the long run.

Full article here.

-Posted on behalf of Judith