College students are facing more debt than ever before. Students who graduated from college in 2015 left school with an average of $34,000 in debt, the Federal Reserve Bank reported this month. Just 10 years ago, the average student debt was $20,000. The Federal Reserve Bank said students and their parents are taking out bigger loans than in the past. That is because state and local governments are paying a smaller percentage of the cost of higher education. William Dudley is president and CEO of the Federal Reserve Bank in New York. He said that graduates from some colleges are having trouble finding good-paying jobs. That is making it difficult for them to pay off their loans, he said.
Title: Students Going into Debt to Pay for College
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/college_debt.m4a' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Students Going into Debt to Pay for College' data-article-id='2333'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='5771'>College students are facing more debt than ever before.</span> <span data-start-time='5771' data-end-time='20188'>Students who graduated from college in 2015 left school with an average of $34,000 in debt, the Federal Reserve Bank reported this month.</span> <span data-start-time='20188' data-end-time='26958'>Just 10 years ago, the average student debt was $20,000.</span> <span data-start-time='26958' data-end-time='36313'>The Federal Reserve Bank said students and their parents are taking out bigger loans than in the past.</span> <span data-start-time='36313' data-end-time='46250'>That is because state and local governments are paying a smaller percentage of the cost of higher education.</span> <span data-start-time='46250' data-end-time='54458'>William Dudley is president and CEO of the Federal Reserve Bank in New York.</span> <span data-start-time='54458' data-end-time='62438'>He said that graduates from some colleges are having trouble finding good-paying jobs.</span> <span data-start-time='62438' data-end-time='69438'>That is making it difficult for them to pay off their loans, he said.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/1816/college_debt.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=8504 data-hint-location='0' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/what_does_debt_mean.m4a'>What does debt mean?</div><div class='choices' data-correct-choice='owe money'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/pay_back_tuition.m4a'><span>pay back tuition</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/owe_money.m4a'><span>owe money</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/find_a_job.m4a'><span>find a job</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/go_to_college.m4a'><span>go to college</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=8505 data-hint-location='54458' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/what_are_students_having_trouble_finding.m4a'>What are students having trouble finding?</div><div class='choices' data-correct-choice='good paying jobs'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/good_paying_jobs.m4a'><span>good paying jobs</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/more_debt.m4a'><span>more debt</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/interest_rates.m4a'><span>interest rates</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/college_loans.m4a'><span>college loans</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=8506 data-hint-location='26958' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/students_and_their_parents_are_getting__blank_.m4a'>Students and their parents are getting <span class='blank'>bigger loans</span>.</div><div class='choices' data-correct-choice='bigger loans'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/bigger_loans.m4a'><span>bigger loans</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/better_jobs.m4a'><span>better jobs</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/higher_education.m4a'><span>higher education</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/1816/more_money.m4a'><span>more money</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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