Average Student Loan Debt For New College Graduates

Guess How Much: Student Loan Debt For New Grads

June 22, 2009

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?

Source: Getty

9 Comments

2 years 50 weeks

Hi, this is Daniel North. i saw your site and i am happy your site. 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. The Finance Firm Daniel North

3 years 37 weeks

I 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.

jessvogel85 3 years 47 weeks

4 years of undergrad and 1 year of graduate school....$80,000. fml

taraann415 3 years 48 weeks

i 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.

gabi29 3 years 48 weeks

I 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.