Student Borrowing Has Increased Sharply Since 1992, Report Says

By JAMIE SCHUMAN

Washington

The percentage of students who use loans to pay for college and the median amounts they borrow have risen sharply since the early 1990s, according to a new report from the American Council on Education.

From 1992-93 to 2003-04 the number of student loans made annually increased from 4.8 million to 10.8 million and...