The Ivy League universities are experiencing a notable increase in borrowing. This is largely driven by a perception of enhanced financial prospects for graduates. Students and faculty have taken on a substantial amount of loans, significantly exceeding previous levels. Harvard, Princeton, and Yale are among the institutions facing this challenge. The increased borrowing is fueled by an expectation of greater financial benefits for students. The institutions are currently investigating the long-term effects of this debt increase, and are reviewing existing policies regarding borrowing.
Credits: Finance & economics