The Burden of Massive Debt on Graduate Students

By Phil Buchanan

Recent public pronouncements by President Clinton about the importance of access to higher education have ignored the serious and growing problem of the affordability of graduate school. This issue has far-reaching implications for many people in their 20s and 30s, whose career choices increasingly are dictated by debts in the tens of thousands and even hundreds of thousands of dollars.

Frighteningly large undergraduate loan burdens are deterring some students from attending graduate