College dropouts have biggest loan debt

(CNN)– If you think dropping out of college will save you money think again.

A new report by the Higher Education Advisory Group found collective debt grew by nearly $1 billion for college students who took out loans in 2013 and 2015 but never finished their degrees.

It’s the opposite for graduates.

Students who took out loans during the same period but finished their degrees collectively owed $3 billion dollars less than they first borrowed.

According to the study, the biggest difference is earning potential.