Why Do Students Have So Much Debt?

Why Do Students Have So Much Debt?

At the University of Pennsylvania, where I went as an undergrad, the average tuition and fees in the 2018-19 school year for a private four-year college are over $50,000. And at public four-year university, like U. of Michigan in Ann Arbor, the cost for out-of-state students is around $49,000 and in state students over $15,000.

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