; Country Survey: Financial Investment

U.S. NewswireJuly 19, 2011

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BLOOMINGTON, Ill., July 19, 2011 /PRNewswire/ -- Americans are growing more wary of mounting student loan debt and the value of higher education. According to a new COUNTRY Financial survey, four in five (81 percent) say the expected average level of student loan debt, $29,000*, is too high.

Concerns over rising tuition and uncertain employment prospects may be fueling doubts about the fiscal value of college. One in four (26 percent) say, given the rising costs, a college education is not a good financial investment, up seven points from 2010. It is the greatest number of people to feel this way in the survey's four- year history. Since 2008, those believing college is a good investment dropped from 81 percent to 58 percent.

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; Country Survey: Financial Investment

"It's easy to see why Americans are uncertain about college spending, especially since the national student loan debt is at an all-time high," says ...

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