Student Debt by The Numbers

Attending college, whether you’re earning a bachelor’s degree or you’re shooting for a doctorate, is far from inexpensive. The odds are good, that you’ll graduate with more than $20,000 in student loan debt just for earning a bachelor’s degree.

Here’s a closer look at just how overwhelming student debt can be.

In 2008, the average debt of a student graduating with a bachelor’s degree from a four-year public university stood at $19,535. Students earning a bachelor’s degree from a private four-year university graduated with an average of $25,350 worth of debt.

The average student in 2008 graduating from a four-year public university racked up $16,456 worth of federal student loan debt. The student graduating from a private university took out an average of $18,248 in federal student loans.

 

A Peek at Student Debt

Source: www.realonlinedegrees.com

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