Universities turn to graduate programmes to balance their books
While undergraduates get much of the attention, students who pursued graduate and professional degrees now account for 40% of the notorious US$1.5 trillion worth of outstanding national student loan debt, the College Board reports; each owes three times more, on average, than an undergraduate, according to the Urban Institute.
“There’s a lot of frustration,” said Kristofferson Culmer, a doctoral student at the University of Missouri and former president of the National Association of Graduate-Professional Students, for which he’s now the spokesman. “Graduate education is being used to subsidise undergraduate education. Graduate students feel like they’re just a cog in the machine.”
Full report on The Hechinger Report site