Three quarters of the lowest-income University of California students needed to take out loans, according to a 2015 PBS News Hour report.
This is despite the state’s effort to accommodate its poorest students, and make a college education more accessible. Student loans continue to grow nationally, as college costs continue to spiral out of control.
Annual tuition at a public college will be $44,047 in 2030, according to U.S News and World Report. This puts the cost of a four-year education at $176,188 – without considering the increases that occur over the time a student is in school.
