Report Shows Maine Students Face a Mountain of Debt

A new report authored by the Alliance for a Just Society and released today by the Maine People's Alliance evaluates the scope and consequences of rapidly increasing student debt in Maine and provides a window into the lives of Maine students and alumni facing large amounts of debt.

Student Debt Soars

Maine places the highest financial burden on students of any state in the country. As a result of the high cost of higher education, the graduation rate for Maine students within 6 years of beginning school is well below the national average. Ideas like the one proposed by Rep. Michaud of making Sophomore year free at University of Maine schools would be a step in the right direction and all options should be considered to address this crisis in education.