New Mexico is funding higher education way below pre-recession levels: Why we must reverse the trend
Students in New Mexico and across the country are now facing bigger hurdles than ever when it comes to financing their college educations. As states cut higher education funding, universities raise tuition and fees. As costs go up, students—especially those that are low-income—are forced to finance their education through loans. Growing student loan debt is made more difficult to repay due to rising interest rates. Like a snowball rolling down a hill, these barriers build on one another and are threatening to run over college students.