Photograph of figurine of unhappy female graduate in cap and gown buried under stacks of U.S. paper currency, suggesting the idea of the high price of education and crushing student loans. Bob Venezia / Shutterstock

College is more expensive than ever — and, student loan debt is higher than ever, too.

Americans are carrying a record $1.4 trillion in college debt, with the average borrower owing an eye-popping $35,359, according to the credit reporting agency Experian. The typical debt burden has jumped 26% in the last five years.

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