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> They survive by not having $200k (average and median) in student loan debt Where do you get $200k from? The average student loan debt for a bachelors degree
by ac29 4y ago
> They survive by not having $200k (average and median) in student loan debt
Where do you get $200k from? The average student loan debt for a bachelors degree is $26-36k, depending on type of institution: https://nces.ed.gov/fastfacts/display.asp?id=900 https://nces.ed.gov/fastfacts/display.asp?id=900
- phonon 4y agoIt goes way up for advanced degrees. https://educationdata.org/average-graduate-student-loan-debt#:~:text=The%20average%20graduate%20student%20loan,among%20PhD%20holders%20is%20%24159%2C625 https://educationdata.org/average-graduate-student-loan-debt....
- giantg2 4y ago"Among federal borrowers" This doesn't include people who get graduate degrees paid for by their parents or by the company they work for. I got a Masters and didn't take on any debt because the company paid for most of it and I only needed to pay a few hundred in fees each semester. Now is a good time for me to say that it was still a waste of money and time. It was no benefit to me and didn't increase my comp. It would have been better to just work 2 extra hours at my job every day instead.