Higher education comes with a higher cost, year after year. Student loan debt is particularly problematic for new graduates because it's more difficult for them to find employment after graduation. While some can turn to their parents for help in making loan payments, it's not feasible for many families who have been affected by the recession. Can you guess how much debt the average grad has coming out of college?
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i wish i'd come out with $22,500 owed...
1Seriously. I have 5 times that amount. I feel like I'm carrying a mortgage.
2I owe just under $20,000 (I graduated May 08) but I still plan on going to physician assistant school so I'm sure my debt will sky rocket.
3What luckies! I have over double it and I consider myself lucky. Two years community college and two private college with extra money to live off of.
4I was lucky to get out of undergrad with less than that, but I'm considering taking out more student loans now that I'm in graduate school. I wish the cost of higher education was better regulated.
5i don't know why i guessed higher, i came out right at $26,000 after interest. It makes sense, unless the person took a lot of time, or didn't pay a cent while attending, or was pursuing some prestigious career.
64 years of undergrad and 1 year of graduate school....$80,000. fml
7I graduated with almost exactly this amount, paid off 3000 of it, and now I'm going back to school. I was a little worried about the fact that taking more loans would now put me over the average. But now that I've seen all these comments I feel better! I think I will manage to come out of my second round of schooling with no more than 40 thou.
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