![Plaza and lawns looking southeast from near Low Memorial Hall, Columbia University, towards Kent and Hamilton, Upper West Side, New York, NY, USA](https://www.bankrate.com/2022/10/28114211/GettyImages-592850265.jpg?auto=webp&fit=crop&width=230&height=150)
Paying for college in a recession: Statistics and predictions 2024
Average college tuition rises during a recession. Here’s what to know.
The better you understand how loans work and how lenders think, the better equipped you are to save on your loan.
— Pippin Wilbers
About the author
Pippin Wilbers is a Bankrate editor. He joined the personal loans team in 2024, though he's also contributed work on the auto loans, credit cards, student loans and small business loan verticals. Pippin is passionate about demystifying complex topics, such as car financing or finding the best personal loan, and helping borrowers stay up-to-date in a changing and challenging borrower environment.
Pippin stays on top of industry news sources, such as TransUnion and Experian. Working with reporters Hanneh Bareham and Denny Ceizyk, he analyzes industry data and trends and asks: "What does this mean for borrowers?"
Pippin lives in Denver. Before joining Bankrate, he brought vital news to his community as a small-town newspaper reporter. In his spare time, he enjoys foraging for mushrooms, reading, and dabbling in amateur entomology.
The better you understand how loans work and how lenders think, the better equipped you are to save on your loan.
— Pippin Wilbers
Average college tuition rises during a recession. Here’s what to know.
Don’t overlook the CSS Profile when searching for college financial aid.
Don’t overlook the CSS Profile when searching for college financial aid.
Student loan forgiveness is on pause following a Texas judge’s ruling.
The FFEL Program was discontinued, which complicates the loan forgiveness process.
USAA and Navy Federal both serve military service members and vets with low rates.
Learn about balance transfers with Amex and which cards include intro APR offers.
The Capital One SavorOne Cash Rewards offers numerous cash back categories.