50 big colleges where alumni struggle to pay their loans (TESU on list)

[cookderosa]

We tend to forget around here that the Big3 are not cheap if you attend in a "normal" manner.

Definitely.  But, how can the average debt be only $10k, and people are having trouble paying that back???

10k student loan is easily $100/month without penalties or default. I think $100 puts a dent in anyone's budget if they are in a low-paying job, single-income, or live in a high cost of living area like New Jersey (TESU's location).
Also, student loan repayment options now make it look like "income-based" or "forbearance" are equal / easy payment plans - pay now, pay later.....
To add, whenever people discuss student loan debt and repayment, people assume the student earned a DEGREE and increased employment or income potential. Unlikely.
TESU's 6 year (SIX YEAR) graduation rate is only 42%. Their 8 year (EIGHT YEAR) graduation rate is 44%.
In other words, the "adult learner" usually enrolls in college for 1 reason: career advancement. Wanting career advancement presumes they probably want more income - so you take a broke person, give them a loan, they struggle taking classes for 1-8 years, and 60% end up exactly where they were when they started, but with a new payment. That initial loan has also been earning interest since Day 1....so there's that.

https://www.collegefactual.com/colleges/...retention/