How Much Student Loan Debt Does the Average College Graduate Have?

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September 22, 2023 – In a U.S. News & World Report article about the average amount of student loan debt a college graduate has, Stacey MacPhetres, senior director of education finance at EdAssist by Bright Horizons is quoted. 

"Realistically, particularly at tuition-driven schools, they have to raise tuition to keep up with their own costs," says Stacey MacPhetres, senior director of education finance at EdAssist by Bright Horizons. "It makes the student debt crisis a greater endeavor, but I'm not surprised that we are seeing tuition rising. We have seen some schools freeze tuition or go with a standard four-year tuition rate that will sort of stabilize. But by and large, we are seeing more increases."

Read the full article here