Student Loan Debt Looms After Graduation For Many
 Today more than 300 Troy University graduates have a reason to celebrate after walking across the Trojan Arena Stage to get their diploma. But, the class of 2014’s been called the most indebted class ever, a burden many have in the back of their minds as they head out into the real world.Â
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Project on Student Debt estimates the average debt for a student in Alabama is $26,450 that number sets Alabama about the middle of the pack across the United States. Students loans in the country swelled to more than $1 trillion.
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And many Troy University students tell Alabama News Network they are seeing anywhere between $20-50,000 in student loan debt.Â
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Mealonie Poke, Bachelors Degree Social Work said, “I mean it is just stressful but the government does have a deferment plan and give you six months to find a job so I am comfortable as far as that. But it is stressful to know you have that type of debt over your head.”
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Tuition costs are going up almost across the state. Troy University’s is increasing 3 percent for undergrad and 8 percent for graduate tuition for the fall.Â
The Board of Trustees discussed at their meeting Thursday that enrollment is a top priority this coming year, to hopefully stop the tuition increase trend.Â
