Educated to Debt

$1,000,000: Amount more a college degree is worth compared to a high school degree across a lifetime in the workforce

$16,928: Average cumulative federal student loan debt (1999-2000)

$9,188: Average cumulative federal student loan debt (1992-1993)

64%: Percentage of students who take out federal loans

40%: Average increase in tuition and fees at a public institution over past decade

32%: Percentage of students who have four or more credit cards

$2,748: Average student credit card debt

10%: Percentage of students who owe more than $7,000 on credit cards

Source: Sallie Mae, Christian Science Monitor

Have Something to Say?

Add or Read Comments on
"Educated to Debt"
Launch Comments
By commenting here, I agree to abide by the Sojourners Comment Community Covenant guidelines

Subscribe