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Released: November 03, 2011
Average student-loan debt tops $25,000
Source: Walter Hamilton, L.A.Times (Free Registration)
You don’t have to be a math major to understand this statistic: The average student-loan debt of last year’s college graduates tops $25,000—the first time it’s ever exceeded that ignominious mark.
Seniors who graduated in 2010 had an average student-loan burden of $25,250, up 5.2% from the $24,000 owed by the class of 2009, according to a report by the Project on Student Debt at the Institute for College Access & Success in Oakland.
Read Full Article: Average student-loan debt tops $25,000
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