College students racking up debt
College graduates are leaving school with more debt than ever before.
The Institute of College Access and Success says the average undergrad faced just over $30K in loans last year-- that's up 4 percent from 2014.
That means these students will pay about $300 a month for more than 10 years.
As for who's getting these loans, 68-percent of new four year graduates had loans last year.
Back in 1993, it was less than half of all new grads.
The report did not include for-profit colleges, many of which have been under fire for their student loan practices.