Students are borrowing more money to pay for college than ever before. New data show that students who graduated in 2010 carried 5 percent more debt than in the previous year. And education debt is expect to grow in the coming years, as students struggle to pay higher tuition costs.
Last week, we learned that college tuition costs went up around 5 percent. This week, the Project on Student Debt reports that student debt went up by about the same amount.