Mounting College Debt

We are exploring the rise of college debt. We are students who are attending Lebanon Valley College. Nationally, the average student debt is reaching $30,000 per borrower, while LVC's debt is closer to $40,000. We have obtained background information regarding student debt, analyzed current news reports, and conducted interviews with college students and LVC's financial staff. We have also discussed possible solutions to the nation student debt problem. Please feel free to leave comments below.

Friday, November 20, 2015

Average Time to Pay off Student Debt

Student Loan Expectations: Myth vs. Reality

About half of current students said student loan debt is making them reconsider finishing college.

Current college students expect to pay off their loans faster than average.

http://www.usnews.com/news/blogs/data-mine/2014/10/07/student-loan-expectations-myth-vs-reality

1 comment:

UnknownDecember 2, 2015 at 1:05 PM
My name is Meghan Stapleton, and I go to Marquette University in Milwaukee, Wisconsin. It is a private school, so including tuition, room and board, plus extra fees it is around $48, 390 per year. I have both scholarships and financial aid, but I'm not sure how much the financial aid is. Either way the debt when I finish school is going to be a ton.
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