As the United States’ economy get worse, an increasing amount of college students are feeling the stress of financial problems upon entering college. However, college students continue to take out loans and put themselves in debt. Some possible solutions for decreasing student debt include improving the affordability of college, modifying the national education budget, and reducing the interest rate on student loans. The first possible solution for decreasing student debt is improving the affordability of college. According to Shari Held, “On a moderate budget, the average cost of the 2015-2016 school year at an in-state public college came out to $24,000, and a year at a private school set students back $48,000” (Held). According to the
