48% Believe Availability of Student Loans Has Driven Up Tuition Costs
Both President Obama and likely Republican presidential nominee Mitt Romney are backing lower interest rates on some student loans, but nearly half of Americans nationwide believe the availability of student loans has driven up tuition costs for everyone. In fact, most Americans believe it’s better for students to work and attend school for a longer period of time rather than graduate in four years with loads of student debt.
A new Rasmussen Reports national telephone survey of American Adults shows that a plurality (48%) believes the availability of student loans has helped increase the cost of tuitions. Twenty-one percent (21%) disagree, but 31% more are not sure. (To see survey question wording, click here.)
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The survey of 1,000 Adults nationwide was conducted on April 21-22, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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