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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 ...
According to a new report that looks at student loan debt, some college programs — specifically at the master's degree and ... graduates with associate's degrees borrowed an average of $14,000 ...
While the average student loan debt for those with undergraduate degrees is a staggering $37,337, according to the Education Data Initiative, the amount of debt taken on by those with graduate ...
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.
According to the Education Data Initiative, the average student loan debt in the United States currently totals $37,338. The average student borrows more than $30,000 to pursue a bachelor’s degree.
As of 2018, Canada is ranked third in the world (behind Russia and South Korea) for the percentage of people ages 25–34 who have completed tertiary education. [1] As of September 2012, the average debt for a Canadian post-university student was 28,000 Canadian dollars, with this accumulated debt taking an average of 14 years to fully repay based on an average starting salary of $39,523. [2]
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