Wednesday, August 27th, 2014

Students Leaving College With More Debt Than Ever

College-debt-student-loansThe average college student in the United States will graduate owing almost $27,000 in student debt, a 40-percent jump since 2002.  Arizona grads typically owe about $20,000.  

Jonathan Fox is a college financial counselor.  He says student loans can be especially troublesome for those who rack up the debt but do not come away with a diploma.

Typical student loan payback amounts are several hundred dollars a month, for 15 years or more.

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