For just over a year, anti-student-debt rallies linked to the Occupy movement have been calling attention to the growing problem of college debt. The issue reached a fever pitch this summer, with concern over the possibility that federal student loan rates would double.
So we know — or think we know — the problem: young people are in hock. But how many students, and how much? A new report from the Pew Center finds that 19 percent of the nation's households had student debt in 2010, up from 9 percent in 1989. That number jumps to 40 percent for households headed by someone under 35 years old.
These new numbers come as more and more people wonder whether a college degree is even worth the investment — and the Boston-based Pathways to Prosperity project is calling on states to rethink the purpose of post-secondary education.
This segment aired on October 1, 2012.