06.27.06

In debt before you start

Posted in Debt at 10:18 am by Matthew Bass

This article published in USA Today earlier this month provides some interesting statistics on college students and debt. Did you know that the average college senior graduates with $19,000 in debt? That’s average. And, as the article highlights, the number of grads with $100,000 or more in debt is rapidly rising. Does this sound like a firm foundation to build a family and a career on? Not to me. Yet students continue getting themselves in debt by taking a conventional approach to earning a degree. By pursuing alternatives like distance education, students can minimize or even eliminate debt and graduate without that burden on them.

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