Soon, high school seniors across the country will find out which colleges have accepted them for admission in the fall.
For many, next comes a decision that could tether them to monthly debt payments for decades.
Outstanding student debt stood at $1.5 trillion in the third quarter of 2019, an increase of $20 billion over the previous quarter, according to the Federal Reserve Bank of New York.
Without adequate savings or enough scholarships and grants to go around, students and their parents feel they have no other choice than to take out student loans.
But, rightfully so, this debt sentence has sparked a debate: Is college still worth it?