College Debt 101

Draft 14

Pg 3

Friday, November 26, 2010

Unknown

College Debt 101

Students have borrowed more money for loans in 2008 then 1996. 2008 bachelor’s degree receiver took an average of $23,000, comparing with $17,000 in 1996. Associates degrees receiver took an amount of $12,600 comparing with $7,600. 2008 study shows that 54% bachelor degree graduates who are in debt more then $30,000 attend private, for profit schools. In which 25% attend non-profit schools.
In my opinion it is excellent decision they have better knowledge, skills, and they have a Title to look for a good position with high salary.