Going For A Graduate Degree? Be Prepared For Rise In Student Debt

Career College Central summary:

  • A report issued last month by the New America Foundation suggests much of the increase in student debt levels in recent years is tied directly to graduate programs.
  • The average indebtedness by those leaving school with a graduate degree is up from $40,209 in 2004 to $57,600 in 2012. Comparable figures aren’t available for undergraduate degrees, but the average student debt level for all U.S students is $29,400.
  • Concerns over the growing mass of student debt in the U.S. — now more than $1.2 trillion, exceeding even credit card debt — may need to be rethought based on the foundation’s findings, according to Jason Delisle, who authored the report.

Click through for full article content.


Leave a Reply

Be the First to Comment!

Notify of