Student loans are shaping the college experience more than ever. As tuition rises and financial aid rules keep changing, more students are taking on college debt. Professor Monnica Chan explains what's happening with student loans, Pell Grants, and repayment plans, and how these choices affect students long after graduation. She discusses the real impact of debt on college affordability, career decisions, and family life—and what solutions could make paying for college less stressful.

For more on this topic

• Listen to Chan speak about proposed federal student aid regulations: Nine Scholars Provide Public Comment at U.S. Department of Education Hearing on Student Loan Reforms
• Read the piece she co-authored in The Conversation: 5 things to consider before taking out a student loan