Student debt is going up for every reason

Brookings' David Wessel tweeted this chart from Goldman Sachs on why student debt went up. Was it because more students were going to college, because tuition was higher, or because students were taking out bigger loans? It's all of the above — in pretty equal portions.

Very smart analysis of the run-up in student debt from Goldman's Alec Phillips https://t.co/SSPmVM9KaT pic.twitter.com/L3gkSrmOzg

— David Wessel (@davidmwessel) May 23, 2014

The paper this is from is paywalled, but if I can find it I'll follow up.

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