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Monday, May 21, 2012

''Graduating collegians cope with student debt in a weak economy''

From LATimes

''About two-thirds of college graduates have some student loans to pay off, and their average debt is about $25,000 to $28,700, according to estimates by education experts and organizations. (About 10% of those with loans owe more than $50,000 or so.)

Many college seniors say they had not thought much about their debt until they received summaries just before graduation. Their reactions ranged from complete panic to a calm sense that their degree will help them get well-paying jobs to cover the loans.''

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