The climbing cost of undergraduate school often bares the brunt of the blame, but graduate school is also a key player in the student-debt crisis
Households with at least one advanced degree carried 51% of overall student-loan debt in 2016. More students are attending and completing graduate school, but as master's degrees become more expensive, they're also borrowing more. Graduate students can more easily pay off loans because they tend to get high-paying jobs. Sometimes, though, those high-paying jobs earn less than the debt the borrower accumulated. Visit Business Insider's homepage for more stories. At $1.
Households with at least one advanced degree carried 51% of overall student-loan debt in 2016. More students are attending and completing graduate school, but as master's degrees become more expensive, they're also borrowing more. Graduate students can more easily pay off loans because they tend to get high-paying jobs. Sometimes, though, those high-paying jobs earn less than the debt the borrower accumulated. Visit Business Insider's homepage for more stories. At $1.
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