A new report from the White House Council of Economic Advisers provides a broad overview of student loan-debt in the United States and yields some potentially surprising conclusions: while the $1.3 trillion in total student-loan debt in the U.S. may seem like a staggering amount, the authors of Investing in Higher Education: Benefits, Challenges, and the State of Student Loan Debt contend that this is helping, not hurting the nation’s economy. The authors posit that college is best viewed as an investment that typically yields a high return, even with the high upfront costs.
