42% of Millennials blame colleges for rising student debt

Tim Goral's picture

As student loan debt mounts, students and policymakers alike are trying to figure out who is to blame for the country's $1 trillion problem.

According to a study on Millennials released this week by the Harvard Institute of Politics, many young Americans seem to think colleges and universities are most responsible.

In the poll of 2,089 young adults between 18- and 29-years-old, 42% of respondents blamed colleges and universities for rising student debt, while 30% blamed the federal government.

The remaining vote was split between students (11%), state governments (8%), other (4%) and refused (5%).

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