What Happens When You Warn Students About Their Loan Debt?

loan debtIndiana University officials say borrowing by undergraduates at the school has dropped 18 percent since 2012. That’s when the university began sending students annual letters that estimate their total loan debt and future monthly payments, as part of a push to boost their financial literacy.

For more from the Pew Charitable Trusts’ Stateline, click here.

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