Earning a degree helps some, not all, pay back student loans
Students who completed degrees at public and private nonprofit institutions had smaller student loan balances four years later than peers who didn’t graduate, according to a new report. The total student debt in the United States, which is around $1.7 trillion and growing, is being fueled in part by borrowers who left college before earning a degree or credential and can’t afford to repay their student loans, according to a new report.