8/9/22-Despite The Student Debt Crisis, High School Seniors Favor High-Cost, High-Amenity Colleges, New Survey Finds

Despite The Student Debt Crisis, High School Seniors Favor High-Cost, High-Amenity Colleges, New Survey Finds

April 26, 2022 | forbes.com

Climbing walls, omelete bars, lazy rivers, condo-style dormitories—campus perks are often blamed for the rising cost of four-year, residential college in the United States. For decades, colleges have engaged in an amenities arms race—advertising free laptops and state-of-the-art gyms to woo prospective students.

A survey of high school students released Monday shows many still want these amenities and are willing to pay (and borrow) for them. That’s despite all the publicity about how Gen Z’s elders have been burdened with $1.75 trillion in student debt.

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