Achieving Success in Postsecondary Education: The Facts About Student Debt
The story of a generation drowning in debt is misleading for a number of reasons. This report looks at the landscape of student debt in the U.S. as well as trends and innovative approaches in private funding of higher education.
This paper reviews data about student borrowing, as well as the variation in debt levels associated with students with different characteristics and different educational histories. This information, along with evidence about the factors associated with repayment difficulties, points to policy solutions such as efforts to diminish problematic borrowing and an improved income-driven repayment system.
This work was discussed during a convening co-hosted by the TIAA Institute and Rockefeller Philanthropy Advisors: Postsecondary Success, Debt, and Philanthropy’s Role.
To understand student debt, Rockefeller Philanthropy Advisors reviewed existing research and data about student borrowing in the United States and characteristics of borrowers.