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Stock impact report

2024 high school grads could face nearly $37K in college debt [Yahoo! Finance]

NerdWallet, Inc. (NRDS) 
Company Research Source: Yahoo! Finance
Amid financial aid delays stretching months beyond what's typical, some students are feeling pressured to make college decisions without even knowing how much they'll be required to pay. Still, one thing is clear: Students funding their college career with student loans could be paying for years to come. And if a student depends on loans to cover every year of their undergraduate career, they could end up owing about $37,000 when they graduate. Tuition and fees continue to decrease If there is good news for new college students, it's that growth in the cost of higher education has slowed and even decreased modestly in recent years. The money spent on tuition and fees at public, four-year institutions goes further now than 10 years ago and has fallen 9.8% in just the past three years, according to data from The College Board. However, this drop doesn't mean higher education is affordable. On average, full-time undergraduates took out about $6,990 in student loans in the 2020-21 Show less Read more
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