Concern About Student Debt Load Convinces Lawmakers of Need for More Funding for Universities

Pennsylvania college students graduating with the second highest debt load of any state in the nation weighs heavily on the minds of state lawmakers.

It’s a factoid they learned from the Independent Fiscal Office last week and one that several have repeated at subsequent budget hearings. University leaders today shared the dollar figures that earned Pennsylvania that top ranking right behind New Hampshire.

Hearing that students graduating from Penn State, Pitt, Temple and Lincoln universities leave with an average debt of between $32,000 and $37,000 had several House members calling for a bigger investment in higher education than the $1.6 billion that Gov. Tom Corbett proposed in his $28.4 billion budget.

Click here to read the full article by Jan Murphy as published on PennLive.com (February 26, 2013)

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