MIDDLEBURY — The 2016 U.S. presidential campaign has helped focus media attention
on mounting student debt and the rising costs of a college education.
Delayed home purchases can cause ripple - effects in the economy, so in response, state governments and companies are making efforts to step in to combat dropping homeownership
alongside mounting student debt.
When combined with large numbers of students hailing from major metropolitan areas, one can hardly fault them for migrating back to urban centres in which to do battle
against mounting student debt.
While these studies suggest that the rising level of student debt contributes to the decline in rates of entrepreneurship among young people today,
mounting student debt is unlikely to be the sole cause of low levels of entrepreneurship among millennials.
Obama has repeatedly made appearances on college campuses and late night television shows to voice concern about the high cost of college and
mounting student debt, and has threatened to reduce funding to academies that don't control costs.
Although both Democrats and Republicans can agree that
mounting student debt is a significant hurdle to the economy, no clear winning idea has emerged as a solution to curbing the problem.
The demand for higher education as well as the availability of federal funding have both contributed to
mounting student debt.
Commercial law firms have failed to be won over by Government proposals to hike university tuition fees, amid fears that
mounting student debt will damage diversity efforts.