I am currently in $33,000 of student loan debt, and I’m one of the lucky ones, as I know of people whose debt far exceeds that amount. There was never an option of paying out of pocket as I, nor anyone in my family can afford the astronomically high amount it cost to attend school.
The constant rise of tuition is a serious issue for all students as it is pricing out lower income families from a higher education. Even those currently receiving the Excelsior Scholarship could lose it and be faced with this hike.