The faces of college debt
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University of Minnesota Duluth is one of the most expensive colleges in the country, according to a recent analysis cited by the UMD Statesman.
Between 2010 and 2012, the U.S. Department of Education’s College Affordability and Transparency Center ranked UMD within the top twenty most expensive four-year public institutions in the nation for net cost. This puts UMD just below universities like Penn State and higher than other Minnesota universities like St. Cloud State.
The total annual cost to attend UMD is $20,476 for Minnesota residents. This includes tuition, housing, books, and living expenses. The net cost is what students are expected to pay each year. This is the cost after the student is awarded any grants or state money, if they are eligible for it.
It's a big deal for the region because Duluth is a middle-income community and there aren't enough scholarships available.
The editor-in-chief of the paper, Anne Kunkel Christianson, wrote the article last month, and today posted this video adding faces to the problem.
(h/t: Chris Julin)
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