College Admissions Are Cool With Students Owing Their First-Borns
A new Gallup poll of college admissions directors indicates that most of them are totally cool with students leaving school under a mountain of debt.
…22 percent of all admissions directors and 28 percent of those at private colleges would be comfortable with the average student debt being even higher than it is now.
They also consider “gapping” (the act of admitting students, but not providing adequate financial aid packages) to be an ethical practice and think that $20,000-30,000 is a reasonable level of debt for exiting students. [Inside Higher Ed]