A new report says college students in America are a trillion dollars in debt. Kentucky has seen a similar increase where annual student-debt climbed from $324 million in 1999 to almost $1.2 billion a decade later. Erin Klarer, who’s a vice president with Kentucky Higher Education Assistance Authority, still says taking on such debt can sometimes be the right choice.
“You know we don’t want to blanket that all debt is bad but we do at KHEAA we want to encourage responsible borrowing,” said Klarer.
Students from all eight of Kentucky’s public universities have once again descended onFrankfort with a familiar message… stop cutting higher education.
At the annual Rally for Higher Education today, the messages were familiar. Students called on lawmakers to restore or increase funding for higher education. In one of the toughest budget cycles yet, that call is once again likely to go unanswered. But that didn’t stop students like Eastern Kentucky University junior Tyler Goodridge from demonstrating.