Tuition cost and fee inflation have outpaced CPI Inflation 4-to-1 over the last 40 years:
The cost of tuition has increased 710% in the US since 1983
The resulting $1.78T of debt includes $1.65T that is federally owned (93%). 45M Americans have federal student loan debt. Roughly half of all the debt belongs to individuals with graduate degrees while the other half belongs to individuals with undergraduate degrees; though it’s worth noting that there are fewer graduate students overall so the debt held per student is higher for graduates:
Total Student Debt in the US Totals Over $1.78 Trillion » More than the GDP of developed countries such as South Korea, Australia, and oil-rich Saudi Arabia, respectively
