Almost Millions: Personal Finance For Freelancers, 1099ers, & The Self-Employed

About two-thirds of bachelor’s degree recipients borrow money to attend college, either from the government or private lenders, according to a Department of Education survey of 2007-8 graduates; the total number of borrowers is most likely higher since the survey does not track borrowing from family members.

By contrast, 45 percent of 1992-93 graduates borrowed money; that survey included family borrowing as well as government and private loans.

 

-Andrew Martin & Andrew W. Lehren, The New York Times