article thumbnail

Looming Enrollment Cliff Poses Serious Threat to Colleges

BestColleges

College enrollments have been declining steadily since 2012. Add that four-year opportunity cost together with student loan debt and the calculus doesn't make sense to a growing number of young adults — especially when a company as exalted as Google tells them they don't need a bachelor's degree to work there.

article thumbnail

Average Law School Debt: 9 Statistics Students Should Know

BestColleges

1] Check A little under half (44%) of law students still had undergraduate loans when they started law school in 2018. [2] 3] Check Around 90% of borrowers answered that student loans had some impact on their major life milestone decisions, including buying a house, having children, and getting married.

Loans 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The 10 Best Master’s Degree for Gen Z Students

AdmissionSight

If you were born between 1997 and 2012, chances are these topics have shaped how you see the world, especially as you think about pursuing a masters degree. Schools offering competitive financial aid packages, scholarships, or loan forgiveness programs are more likely to attract this cost-conscious generation.

article thumbnail

Why Gen Z College Students Feel More Financially Insecure Than Ever

BestColleges

Graduating with student loan debt can delay major life events like buying a home or saving for retirement. In addition to inflation, the job market, growing student loan debt, housing insecurity — the list goes on. Growing student loan debt. As a result, the increases in student loan debt yield greater financial stress.

Loans 52
article thumbnail

How to Get Into Law School: The Ultimate Guide

Shemmassian Academic Consulting

Outside of the T-30, job opportunities are more limited and massive loan packages make law school financially risky. Loans Naturally, loans and the financial cost of law school, are a huge deterrent to law school applicants. These programs forgive one’s Direct Loans (i.e., Ask yourself: Which of the T-14 is within reach?

article thumbnail

First-Generation College Students: Facts and Statistics

BestColleges

Disparities exist between first-generation college students and continuing-generation college students when it comes to graduation rates and student loan amounts. Note Reference [1] For comparison, roughly 18% of students identified as the first person in their immediate family to go to college in 2011-2012. [3]

article thumbnail

Your 2024-2025 FAFSA Questions Answered

HelloCollege

For the 70% of families who rely on student loans to pay for higher education, this process has been nothing short of a nightmare. And given that the Department of Education just announced the highest federal student loan interest rates in more than a decade, a dollar today truly is worth more than a dollar tomorrow.