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10-22-2010, 01:11 PM
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Average College Debt Hits $24,000
College seniors who graduated in 2009 had an average of $24,000 in student loan debt, up 6 percent from 2008, according to an annual report from the Project on Student Debt...
http://www.nytimes.com/2010/10/22/education/22debt.html 
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10-22-2010, 02:50 PM
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That really doesn't sound like much. I had $14,500 when I graduated and that was in 1986. I would have expected the number to be higher than that.
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Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going.
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10-22-2010, 03:33 PM
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I think it's a poor statistic. There are alot of students who make it through college without any debt, whether by scholarships, parents, or whatever. That would significantly lower the average. I expect that among students who graduate college with student loans, the average would be well higher. It also states in the article that for-profit colleges were not included in the survey.
__________________
"Praestantia per minutus" ... "Acta non verba"
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10-28-2010, 11:04 AM
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I graduated with around $30,000. That's only because they paid for half. I have 2 brother in laws who are both doctors and they 100's of thousands in debt from school loans, etc....
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