Good National Coverage of the Causes of Student Debt


The think-tank Demos has done a report on the causes of soaring tuition costs and debt levels for students enrolled at public colleges and universities, and the report is getting some national attention. Here is an excerpt from an article on the CBS News site MoneyWatch:

“Thanks to rapidly rising tuition costs, America has a $1.2 trillion student debt problem.

“That’s caused a lot of finger pointing, with some blaming soaring administrative hiring and pay, or the rash of expensive building projects on campuses. But when it comes to public universities, the real culprit is a more insidious force: cuts in state support for higher education, according to a new report from the left-leaning think tank Demos.

“Declining state appropriations for higher ed is responsible for more than three-quarters of tuition hikes between 2001 and 2011, the analysis found. Increased spending on administration and building projects accounts for…

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