New College Board Report Shows Continued Borrowing Decline And Slow Net Price Increase
Though far from ideal, student debt levels and tuition pricing continue to level out since the recession.
During the recession, college prices increased steeply while borrowing rose rapidly. Loan defaults increased, too. Now borrowing has declined slightly for the fourth straight year, defaults have steadied and tuition increases at public universities over the past three years have been at their lowest levels since the 1970s, according to the College Board’s 2015 “Trends in Higher Education” reports.