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Student debt more than doubled in last 20 years
Wednesday, September 22nd, 2010
Sept. 22, 2010
… the average debt for a university graduate more than doubled between 1990 and 2000, rising to $24,706 from $12,271. By 2009, that number had risen to $26,680 for university graduates… “This report points to some of the long-term consequences of incurring large debts, sometimes involving postponement of milestones of life, like having children or owning a house. They can also impact choice of career, possibly to public detriment,” said CCL president Paul Cappon.
Tags: standard of living
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