NY TIMES: "For the past three decades, increases in college tuition have outpaced the overall rate of inflation, and increases in room and board have risen even faster. That has driven a substantial increase in the volume of student-loan debt. American students took out twice the value of student loans in 2011, about $112 billion, as they did a decade before, after adjusting for inflation. Overall, Americans now owe about $1 trillion in student loans."
And the US Senate is likely voting next week on whether Federal student loans should should return to 6.8% from 3.4%…
Still paying mine off from (mumbles) years ago.
