New numbers about college costs and student debt provide a sobering reminder of the importance of planning for college and informing students about the realities of those costs. 
The numbers also provide a caution for college leaders to redouble efforts to hold down costs.
The average student debt of a graduating college senior in 2008 was $23,450, the Institute for College Access & Success says in a new report that looks at public and private nonprofit four-year institutions.
By 2012 the average debt load for new grads had climbed to $29,400. More...