theHRguy@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agoAccording to the Federal Reserve Americans owe over $1.6 trillion in student loan debt, with the average borrower owing $37,667medium.comexternal-linkmessage-square6fedilinkarrow-up138arrow-down10
arrow-up138arrow-down1external-linkAccording to the Federal Reserve Americans owe over $1.6 trillion in student loan debt, with the average borrower owing $37,667medium.comtheHRguy@lemmy.world to A Boring Dystopia@lemmy.world · 2 months agomessage-square6fedilink
minus-squareHubertManne@kbin.sociallinkfedilinkarrow-up5·2 months agoim suprised the average is so low. I wonder if thats because there are a bunch who only took out small loans???
minus-squareAddition1291@lemmy.worldlinkfedilinkarrow-up1·2 months agoIt’s really only undergrad that’s usually uber expensive. My wife is getting her master’s for like $10k/year and her company is paying for half of it. Meanwhile our undergrad was like $40-50k/year with no help. Also this average is probably averaging current balances, not total disbursement.
minus-squaremedgremlin@midwest.sociallinkfedilinkarrow-up2·2 months agoUnless your graduate school is medical or law school. I’m taking out around $90k per year for medical school for tuition and living expenses.
im suprised the average is so low. I wonder if thats because there are a bunch who only took out small loans???
It’s really only undergrad that’s usually uber expensive. My wife is getting her master’s for like $10k/year and her company is paying for half of it.
Meanwhile our undergrad was like $40-50k/year with no help.
Also this average is probably averaging current balances, not total disbursement.
Unless your graduate school is medical or law school. I’m taking out around $90k per year for medical school for tuition and living expenses.