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LFE Institute, LLC
PH: 850.781.9131
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New College Related Trends
50
&
Older:
The 2nd fastest growing age group for student loan debt – Department of Education
60 & Older: #1
fastest growing age group for student debt – Grew by
33%
in 2020! – Fidelity
Students with no College Plan spend up to
3.5 times more
for college – Sallie Mae
60%
of grads take
6 years
or more to complete a 4-year degree – Department of Education
Students are training for jobs that no longer exist – NBC News
41%
of recent pre-COVID college grads work in jobs that don’t require a degree – Federal Reserve
500,000
students have worthless credits & degrees from colleges that closed over the past 5 years – AACRAO
4.6 million
families walk away from free college money every year – Forbes
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