Average debt for college graduates reaches $28,400

DSC_0843 by Will Folsom licensed under CC BY 2.0

DSC_0843 by Will Folsom licensed under CC BY 2.0

The Project on Student Debt, an initiative of The Institute for College Access & Success, released a report on student debt today. The report, title “Student Debt and the Class of 2013,” studied the reported debt from nonprofit colleges and universities throughout the United States. The study found that 69% of graduating seniors left with student loans and the average debt was $28,400. The report studied debts from pubic and private colleges and universities.

To read the full article, click here.

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