The College Solutions Blog

Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.

Income-based repayment plan

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How Much Parents and Students Are Borrowing for College

As recently as the early 1990s, most students did not take out college loans. Today nearly 71% of students borrow to pay for college. The typical student borrower graduating with the class of 2015 left college with an average debt of $35,051, according to an analysis by Mark Kantrowitz, the publisher of Edvisors.com. In Kantrowitz’s chart below, you will see that the...