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To clarify a bit... 42% of students graduate (undergraduate studies) without any debt. And 78% of graduates have less than $30k in debt. The numbers aren't gre
by alistairSH 5y ago
To clarify a bit...
42% of students graduate (undergraduate studies) without any debt.
And 78% of graduates have less than $30k in debt.
The numbers aren't great, but the majority of students finish with either zero debt or a very manageable amount of debt. There is a small fraction of students taking massive loans that skew the overall picture.
And bachelor degree holders continue to earn, on average, $1 million more than high school graduates over their career.
All that said, I agree college should be affordable without loans. Summer jobs, co-ops/internships, etc.
https://www.aplu.org/projects-and-initiatives/college-costs-tuition-and-financial-aid/publicuvalues/student-debt.html https://www.aplu.org/projects-and-initiatives/college-costs-...
- gamechangr 5y agoThat is restricting the conversation to those who finished. Many young 20's somethings don't complete college, but end up with debt as well. If the question is whether is a difficult for society to maintain college as a necessity for success, they should be included in the review.