Burden of College Loans on Graduates Grows - 0 views
-
mikael h on 12 Apr 11Student loans debt surpassed credit card debt for the first time ever in 2010. It is predicted that the debt will top a trillion dollars this year. In 2008 two-thirds of students who graduated with a bachelor's degree were in debt after school. The average amount of debt for students in college for the 2011 school year was $24,000. There have been many predictions that the debt will increase because of budget-slashing. Economists say "while debt may be a bad thing it is a healthy investment."