Student loan debt for bachelor’s degree recipients continues to grow

Student loan borrowers still aren’t catching a break.

The average student loan debt for a bachelor’s degree recipient in 2015 was $30,100, a 4% uptick from a year earlier, according to a report released Tuesday by The Institute for College Access and Success, a nonprofit focused on increasing access to higher education.

The report only looks at graduates from nonprofit private and public colleges, and therefore likely underestimates the level of debt because it doesn’t include borrowers from attended for-profit colleges, who tend to have higher debt loads. The findings indicate that despite policy makers’ increased attention to college costs and student debt over the past few years, the issue doesn’t seem to be abating, even for those borrowers arguably set up to succeed because they made it through college.

>>> Original Source <<<