Student loan debt rising - WKOW 27: Madison, WI Breaking News, Weather and Sports

Student loan debt rising


MADISON (WKOW) -- The cost of college is rising. In turn, student loans and student loan debt are inevitably rising along with it.

With total student loan debt about to top one trillion dollars in the United States, the American public, especially students, needs to educate itself better on how to pay for its higher-level education.

The average college student who graduated in 2011 had $26,600 in student loans, according to a report from the Institute for College Access and Success. The report also estimates two-thirds of last year's college graduates had student loan debt.

Tonight on 27 News at 5, Will Pena, a financial aid expert from Madison College, will join us to talk about what options students have to stay out of debt or pay of the debt they already have.

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