To avoid huge debt, changes to the financial literacy curriculum in New Jersey high schools would include courses on college tuition costs and college loans under a proposed bill.
The Project on Student Debt report finds in 2015, average student debt rose 6 percent in the Garden State, with 2 out of every 3 grads owing an average of $30,104, up from $28,314 the previous year.
U.S. Rep. Frank Pallone, D-N.J., says students who borrow money for college and then die or become disabled should not be targeted by aggressive debt collectors.
A study commission has come up with 20 ideas for tackling the surge of student debt, including speedier college degrees, better financial literacy and tax breaks.