College grads' average debt exceeds $23,000
Source: post-gazette.co Posted By: Aidan P...5267 days ago
A group that tracks college loan debt yesterday served up some sobering news for students on two fronts.
The average debt nationally among graduating seniors with loans reached $23,200 last year, a sum that has grown by about 6 percent annually since 2004, according to The Project on Student Debt based in Berkeley, Calif.
And graduates saddled with those loans likely are having a harder time finding a job to pay them off, given a third-quarter 2009 unemployment rate of 10.6 percent for graduates....