Here are some staggering numbers for you via the LA Times:
You don’t have to be a math major to understand this statistic: The average student loan debt of last year’s college graduates topped $25,000 — the first time it’s exceeded that mark.
Seniors who graduated in 2010 had an average student loan burden of $25,250, up 5.2% from the $24,000 owed by those in the class of 2009, according to a report by the Project on Student Debt at the Institute for College Access & Success in Oakland.
So, this is the path to the “American Dream”?
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