Student debt over 29K for 2012 grads - WRBL

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Student debt over 29K for 2012 grads

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Students are taking on more debt to get a college degree.

A new report shows the class of 2012 graduated with an average debt close to 30 thousand dollars.

That's up nearly four thousand dollars from the class of 2011.

The institute for college access and success conducted the report.

The group's research director says rising tuition and families' limited ability to contribute to college costs are causing students to take on more debt.

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