In 1984, students and parents borrowed $7.9 billion for higher education.

On average, a student borrowed $24,700.36 during the 2007-2008 school year.

For example, Stanford reports that students and their families borrowed $8 million in the first half of 1993-94.

Some students must work and/or borrow money to afford an education.

Federal student loans allow students and their parents to borrow money to help pay for college.

The market is bearing it today because students and their families are borrowing.

In no time students from all classes could be borrowing their way.

"Clearly students are borrowing more to finance their college education," she said.

The students can borrow the books or use them in the library.

At some colleges, students may also borrow directly from the government.