Finaid.org Out With A Report….
looking at excessive college debt. It is a short, but data filled report.
Some of the characteristics they found of borrowers with excessive debt included:
- Borrowed Private Student Loans During Senior Year
- Attending a private for-profit or not-for-profit college
- Cost of Attendance over $20,000
- Over age 24
- Pell Grant recipient
- Total income less than or equal to $50,000
