“Rather than opening up pathways to success, in some cases, these big education bills are having the reverse effect,” said Chris Duchesne, vice president at EdAssist, a company that helps businesses with their tuition assistance programs.
The survey—titled “Student Loan Debt: Who’s Paying the Cost?”—revealed a number of troubling statistics about the practical ways that student loans are impacting college graduates in their everyday lives.
For instance, the survey found that:
Scholars differ over the extent to which the survey accurately portrays the plight of student loan borrowers.
“You have to take all of this with a grain of salt,” said Anthony Carnevale, director of the Georgetown Center on Education and the Workforce.
Carnevale noted that the survey is based on the “self-reported feelings of debt-holders, which is not the most reliable source of information on this question.”
