1/3/ of borrowers have debt but no degree?????
Nice cars were in line to get boxes of food, in America!
Yes, most students who enroll in college don’t graduate. So then they have debt and nothing to even show for it.
Just because you can get a loan and get admitted to college doesn’t guarantee you’ll actually graduate. I imagine quite a few of the younger generation hit college and find it is the first time they cannot coast and get a passing grade just by showing up.