09-17-2017, 09:09 AM
(09-16-2017, 01:26 PM)jsd Wrote: According to the site linked below, average Student Loan debt for 2016 grads is $37,172. So while there are plenty of schools where you can spend way more at, it appears most people aren't, to sanantone's point.
https://studentloanhero.com/student-loan...tatistics/
Debt is what you borrow, that doesn't reflect the rack rate.
It doesn't account for scholarships and grants off the top. It also doesn't account for what the parents set aside to use or what the student used from Federal Work Study or a side job.
My student loan debt on my undergraduate degree was $5,000 but my degree cost more than that.