America’s Favorite Past Time Accelerating Its Student Loan Problem .
Higher education cost in USA has been growing faster than inflation, due to which the student debt amount has reached $1.3 trillion. The long term trend shows that college tuition has been rising almost six percent above the rate of inflation. Currently around 70 % of college graduates have approximately $ 30,000 and above in student debt. In 1992, it was just one-third of that average. Why the college tuition is increasing so dramatically? One of the driving factor is Americ
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