The Ivy League universities are currently grappling with a substantial increase in student loan debt. A significant portion of the student population is utilizing a “prestige premium” – a benefit stemming from their university’s well-established reputation and associated advantages – to secure loans. This trend has been observed over several years, prompting ongoing analysis by financial institutions and academic experts. The practice is believed to contribute significantly to a substantial overall debt burden for these institutions. The financial implications for the universities and the students themselves are being carefully monitored.
Credits: Finance & economics
