Selene Sandoval. Los Angeles, California. Proud first generation daughter to immigrant parents from Mexico. Recently graduated from the University of California Santa Barbara with a degree in sociology, and a minor in education.
Over the past decades, the average debt for students receiving their bachelors has tripled. A recent report by the Consumer Financial Protection Bureau shows that students who borrow loans for a university education will owe around 35,000 dollars- an exponentially higher amount than the average recorded in 1993-94 of 10,000. The daunting statistics, don’t show the full picture of the complete impact that the loans will have on the lives of the individuals who borrow, and the economy.