One of the most controversial issues in higher education today is its cost, particularly for the students who end up carrying the burden of heavy college loan debt. According to the Federal Reserve Bank of New York, the total U.S student loan debt was $1.26 trillion in 2016, which is more than the total credit card debt in the country.
Romero, A. 2016. Learning from Australia’s funding of higher ed. The Edwardsville Intelligencer 19 September 2016, p. 3.