The real student loan crisis isn’t from undergraduate degrees

It’s true that yearly increases in college tuition have long outstripped inflation, rising more than 200 percent since 1980. But the conversation around student loan debt has become seriously miscalibrated: Not only do small, expensive, elite universities command the conversation about tuition costs, but there’s a misplaced focus on undergraduate degree programs.

There are real problems with America’s student loan system. But they mostly involve people who take on debt to pay for expensive graduate degrees.

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