Basic Intervention Can Help Students Lower Their Debt

By MaryFrances McCourt. “Many Students Don’t Know What They’re Paying, or Borrowing, for College” (The Chronicle, December 10) detailed a recent report, “Are College Students Borrowing Blindly?,” by Elizabeth J. Akers and Matthew M. Chingos. The authors of the report conclude that a majority of students don’t realize how much they have borrowed and the long-term impact of that debt. Our work with students on this very issue in recent years has delivered many of us at Indiana University to the same conclusion. More...