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An associate's degree in "Rehabilitation and Therapeutic Professions" would put a student in $19,000 of student loan debt at the median, according to Gillen's report, while the same discipline at ...
Source: U.S. Department of Education Student loan debt by state. The three states with the lowest outstanding student debt per borrower are: North Dakota $29,312. Alaska $35,346
Read Next: 6 Ways To Lower Your Student Loan Debt Interest Rate. Maryland. Average student loan debt: $43,692. Collective amount owed: $36.4 billion. Amount of borrowers: 833,100. Maryland comes ...
Low-income students often prefer grants and scholarships over loans because of their difficulty repaying them. In 2004, 88.5% of Pell Grant recipients who had bachelor's degrees graduated with student loan debt. After college, students struggle to break into a higher income bracket because of the loans they owe.
The average student loan debt is $27,400 for borrowers with a bachelor’s degree from a four-year public university, according to the Association of Public and Land-Grant Universities. Attending ...
Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. Forty percent of the debt was owed by people 40 or older. [37] In a 2017 report by the National Center for Education Statistics, the researchers found that 27% of all student loans resulted in default within 12 years. [33]
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