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"6 figure student loan debt" is a persistent but false meme. It implies a different distribution of student debt than actually exists. Average graduating debt
by nazgulnarsil 13y ago
"6 figure student loan debt" is a persistent but false meme. It implies a different distribution of student debt than actually exists.
Average graduating debt was ~$23k last year.
http://www.finaid.org/loans/ http://www.finaid.org/loans/
- rcoder 13y agoYeah, I realized it was hyperbolic immediately after posting; hence the edit to say "tens of thousands of dollars". I also wasn't really trying to generalize; I was attending a fairly expensive liberal arts school (albeit to study math) with 100% need-based financial aid, and tuition alone doesn't cost nearly as much at most state schools.