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Average student loan debt continues to ... 51 percent of college undergraduates finish college with student loan debt. The average college student borrows $29,400 in loans to pay for their degrees ...
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 ...
Black bachelor’s degree holders have an average of $52,000 in student debt. Eighty-six percent of Black students take out student loans to pay for college, compared to 68 percent of white students.
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.
Private student loan debt averages $54,921 per borrower. The average student borrows over $30,000 to pursue a bachelor’s degree. A total of 45.3 million borrowers have student loan debt; 92% of ...
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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