According to USA Today, more than half of all national college graduates unemployed when they throw their caps and Baylor seeks to maintain a track record better than the competition.

This is being done through career placement services, networking events and maintaining a high quality of education.

Students attend college to learn, however in almost half of the country’s colleges, they are kept in the dark instead.

Since most colleges elect to keep student debt information private, there is no set national requirement. However, the national average student-load debt is increasing. In many cases, this leaves third-party watchdogs such as The Institute for College Access and Success (TICAS) to fill the gap. Colleges provide a common data set that these organizations use to gather their statistics.

While it’s undeniable that the amount of college loans is soaring, the government isn’t hurting from it. In fact, the government makes money on college loans, according to the 2011 Federal Education Budget Project report.

“The federal government disbursed $112 billion in student loans in 2012. Most of that will be paid back with interest. The interest rates and fees are set high enough that the government makes money,” Federal Education Budget Project Director Jason Delisle said in a New York Times article published Feb. 27, “Putting a Number on Federal Education Spending.”

Each year, 12 million Americans, or 60 percent of college students, borrow money to cover college-related expenses, according to the Chronicle of Higher Education.

Yet many students remain uninformed of the differences between basic loan types and the effect of each on their financial future.