average student debt
But the new total isn't a big increase from what 2013 grads owed.
Brand names do not necessarily maximize student's financial success. If financial success is not driving the mania behind college admissions competitiveness, then what is?
New Hampshire, Delaware and Pennsylvania had the highest average student debt loads at $32,795, $32,571 and $32,528, respectively
Colleges are not required to disclose how much debt their graduates incur. TICAS used figures provided voluntarily by more
The increase in rates on federal student loans will not only impact students -- members of the Catholic Church fear this will also affect faith. Graduates with large amounts of debt will now be less likely to pursue priesthood and will contribute to a significant shortage of priests in the U.S.
The government gets to borrow for 10 years paying less than 2 percent interest on U.S. Treasury notes, while students must pay 6.8 percent interest on the loans they get from the government!
The program was announced weeks after the millennial unemployment rate hit 13.1 percent, compared to a national rate of 7.9
“As more people default on their student loans, their credit ratings will drop, making it harder for them to access new credit
US News and World report recently ranked the 10 colleges that graduate students with the most debt. On the list are mostly