Class of 2012’s Graduation Present: $30K in Debt

Debt

http://www.foxbusiness.com/personal-finance/2013/12/05/class-2012s-graduation-present-30k-in-debt/

 In just eight years, the amount of debt the average college graduate leaves school with has increased by almost $10,000.

The annual Project on Student Debt report from the Institute for College Access Success (TICAS) reports those obtaining a degree in 2012 will have an average of $29,400 in student debt when the walk across the stage. In 2004, the average student loan debt was $18,750.

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