The average debt of college graduates for the class of 2010 is $25,000, and is estimated to be $27,000 for the class of 2011 [1]. Compared to housing, this is

The average debt of college graduates for the class of 2010 is $25,000, and is estimated to be $27,000 for the class of 2011 [1]. Compared to housing, this is not a lot of debt. Many people these days will even buy a car on credit, which can be a comparable amount of debt, of course depending on the car. [1] http://www.nytimes.com/2011/11/03/education/average-student-loan-debt-grew-by-5-percent-in-2010.html http://www.nytimes.com/2011/11/03/education/average-student-...