WOOD Radio Local News

WOOD Radio Local News

WOOD Radio Local News

 

Where Michigan stands with student debt

From our media partner at WOOD TV:

GRAND RAPIDS, Mich. (WOOD) — Tuition rates are higher than ever, with a national student debt crisis topping $1.5 trillion.

Michigan ranks as the 11th state with highest debt nationwide, higher than all surrounding states. The average student loan debt in our state is $31,289, according to the Institute for College Access and Success.

24 Hour News 8 spoke with high school students and parents during a College Career Fair to see their thoughts on the price of an education these days. Most seemed very aware, and were thinking ahead on how to pay. 

"It's kind of scary when you first look at it but when you realize about all the scholarship opportunities, you can attack it easier," said Elise Stanley, a 10th grade student. 

Click for more on the story courtesy of our media partner at WOOD TV.


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