Gifted Issues Discussion homepage Forums General Discussion How much does college cost? Unified thread.

Here is a fun graph of student loan debt!

Readers will note that growth spiked and then moved up at a nice clip in 2005, which was the same year in which the bankruptcy reform law was enacted. SL debt pretty much kept pace with household debt until that year.

Presumably, the lenders knew that inability to discharge debt (even through death) = lots of profit. So now anyone can get a student loan.

And of course, with tuition loans so readily available, the colleges have zero incentive to keep costs down.