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Monday, January 10, 2011

How Many College Graduates Have 90k in Student Loan Debt?

Monday, January 10, 2011

When it comes to the benefits of a large high school education have heard we all know how invaluable it can be to receive the degree. We have funded the story of young people who get their degree after hard work and study, from the right loans sold and eventually occurs to a great job with benefits and to obtain a stable income. However, you could learn just shocked at how many graduates have 90k in student loan debt, and some of them can not even find a job, because our current economic crisis. The numbers are staggering and it is more than the 10 percent some people like to throw around. A college education these days, especially in the universities, will cost anywhere from 100k to 200k if you count in all editions, the educational experience such as food, housing, clothing and automotive needs Surround. It is four or more years of our lives that we do not get back and we are often at a unthinkable amount of debt in the process that makes many of us saddled wish we had never gone in the first place.


  
The glory days of free universities and scholarships are over. Students today need to consider carefully whether their studies will be worth 90k value of their future earnings - accumulated without interest, as they struggle to pay off. There are also hundreds of thousands of families out there that are not financially capable of helping their children with the financing of college and get an education. In the last few years were not the same as before, when the average Joe was to bring home 5-10k per month. Many people out there are struggling just to make it from month to month, and this has caused many people will not be stored in the same college funds for their children they would have years ago. facing today in our economy, it is usually the student's responsibility to raise their children and the costs to be ordered, along with it.

So to get to those of you out there are on a college degree, you have to decide whether you really afford the amount of debt you will take now and in the future. Remember, this decision will be with you for the years of your life!

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