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America's Young People Agree That Student Debt Is A Major Problem

Steven Perlberg   

America's Young People Agree That Student Debt Is A Major Problem

A majority of young people are straight-up scared about student debt, a new poll from the Harvard Institute of Politics shows.

Gawker's Hamilton Nolan highlighted the report. The major findings:

  • 42% of those aged between 18-29 report that they or someone in their household have student debt
  • 57% thought student debt was a major problem (with 79% saying it's a problem)
  • 70% said that financial circumstances played an important role in their decision to go to college
  • 52% of 18-29 year old black people said it played a very important role, compared to 28% of white people
  • And, as Nolan flagged, 42% blame colleges and universities themselves while 30% blame the government

Here's the graphic from the report:

student debt harvard report

Harvard Institute of Politics

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