[...] The nation’s yawning wealth gap is a major reason why minority students end up borrowing more for college. Structural racism has created disparities in home ownership rates, income and other wealth-building vehicles, providing minority borrowers with fewer resources to tap to pay for college

(New York, NY)- During the next few weeks thousands of students across the country will graduate from college, an accomplishment that used to symbolize a step toward financial independence and entry into the middle class.

The most important fact about higher education is that only a minority of people go to college. That fact would change if college was affordable for more people.

[...] Given growing levels of student debt combined with stagnant incomes over the past few decades, “something has to give somewhere,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank.

[...] “More than half of education and related expenses at public universities is now paid for through tuition, up from about 35 percent in 2001,” wrote study author Robert Hiltonsmith, Demos’ senior policy analyst. In essence, public universities are no longer public, he said: They have become de

[...] Mark Huelsman, senior policy analyst at Demos, said that the debt-free concept relies on what many higher education policy groups have long been saying: that states need to boost their spending on higher education and that student loan debt is crushing some borrowers and a drag on the economy.

[...] Looking at the types of programs named last month, opponents to cuts see what they call a guise to squeeze a public education system tasked with growing demands and enrollment but declining funding. "There are people in the policy and political sphere who really feel this issue is getting

Students living in President Hillary Clinton’s America could go to college debt-free, her campaign manager hinted earlier this week. Making college more affordable is part of Clinton’s plan to boost quality of life for ordinary Americans, Robby Mook, “Hillary for America” campaign manager, told CNBC

[...] According to The New York Times' Paul F. Campos, tuition rates are more the victim of "the constant expansion of university administration" than state-funded budget cuts.

Thanks to rapidly rising tuition costs, America has a $1.2 trillion student debt problem.