The Saving Advice Forums - A classic personal finance community.

Average College Debt Hits $24,000

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 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...


  • #2
    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.
    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.

    Comment


    • #3
      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.

      Comment


      • #4
        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....

        Comment

        Working...
        X