Average Student Debt Climbs, Again

By Michael Stratford. The average debt that borrowers of student loans had at graduation continued to rise last year, climbing to $29,400 for the class of 2012, according to a new report released Wednesday by the Institute for College Access and Success (TICAS). This year's figure, based on TICAS calculations of federal data collected every four years, is up by more than 25 percent compared with the group's $23,450 estimate for the class of 2008. Read more...