One of the big subjects of debate right now is whether or not student loans and education will account for the next economic bubble. Not too long ago, outstanding student loan debt surpassed $1 trillion, and student loan debt is now larger than credit card debt. The rising cost of higher education has caused many to pause and wonder if a college degree is really worth it.
Many parents, anxious about the cost of college, are looking for ways to prepare. It’s smart to prepare for college, of course, but some think that there are some things the higher education industry could be doing to help bring college costs back into the realm of affordability. Sure, it’s important for parents and kids to save for college, but shouldn’t schools be looking for solutions to the rising cost of college as well? Luckily, according to CNN Money, some are beginning to respond to concerns, and are offering options that can save college students money:
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