April 10, 2013
Report Examines Levels of Debt for College Dropouts Across Sectors
Many students who leave college without a diploma still have something to show for their time in higher education: debt. Students who first enrolled in college in 2003-4 and had dropped out six years later were saddled with federal student-loan debt equal to 35 percent of their annual income, according to a report released on Tuesday by the U.S. Department of Education.
In a breakout of noncompleters' debt by type