For families with $94,000 to $205,000 in yearly income, the percentage of debt is increasing. The Wall Street Journal reports, 25.6% of these middle-upper income families incurred student-loan debt in 2010, up from 19.5% in 2007.
With the costs of college increasing and use of debt is increasing, will families begin making college decisions with fiscal concerns being a higher priority, than college as a rite of passage?
Video from The Wall Street Journal