Chat: How the Minnesota Office of Higher Education sees student debt here

  1. Listen State analyst Tricia Grimes on The Daily Circuit

It won’t get any easier. (UMN)

I was out in the field most of yesterday, so didn’t get a chance to post this little chat that Tricia Grimes had with MPR’s Marianne Combs on The Daily Circuit.

According to Grimes, the pattern of student debt in Minnesota — students here borrow more than those in other states but default less frequently — continues. The unemployment rate here is lower than in other parts of the country, and Grimes theorized that students might be more confident that they’ll get a job that pays enough to pay it off.

She did give a plug to a University of Minnesota financial literacy campaign: Live Like a Student (So You Don’t Have to Later).

You can read a summary of the chat here.