January 12, 2015
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1:04:20Now PlayingAmerican college graduates this year had the dubious distinction of being the most indebted class in history. According to the Wall Street Journal Class of 2014 graduates across the country averaged $33,000 in college loan debt. Increasing debt demands that students and families take a look at this question—is a college degree still worth it? With students facing these financial decisions colleges are starting to reevaluate the cost of college.
Nearby Purdue University is getting national attention with its plans to lighten the student loan burden with headlines like “At Purdue, A Case Study in Cost Cutting” and “How Purdue is Reinventing the American University.”
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