Debt Load Is Manageable, Really?
(Fresno CA)
“Most students graduate with a manageable debt load,”
Well this was interesting to read; did you know that a third of students who earn a bachelors degree do so with no debt at all? I didn't know this. I assumed that more than most students had to pay their way through college. Not so according to the policy brief released Tuesday by the College Board.
The brief reports that 41% of students who earn a degree or certificates in the 2007-8 academic year — and 34 percent of those who received bachelor’s degrees — graduated with no debt. No debt. Wow. That's impressive.
To read some more interesting discussions about student debt, ways to pay for 
school and the value of a college education in today's world visit the NY Times Blog page Room For Debate or you can read Charles Murray thoughts on the value of a bachelors degree in today's world and economy. It's important to note that Murray has written some highly controversial articles and books concerning today's educational systems. In this article he points out it is not where you were educated but what you learn and how you apply it on the job.
References
- Lewin, T. (n.d.). Most Graduates’ Debt Load Is Manageable, Report Says - NYTimes.com. Retrieved August 11, 2009, from http://www.nytimes.com/2009/08/12/education/12college.html?_r=1&partner=rss&emc=rss.
- Murray, C. (n.d.). Articles & Commentary. Retrieved August 12, 2009, from http://www.aei.org/article/29124.
- NY Times. (n.d.). Student Debt, Fool’s Gold? - Room for Debate Blog - NYTimes.com. Retrieved August 12, 2009, from http://roomfordebate.blogs.nytimes.com/2009/06/15/student-debt-fools-gold/.
- NY Times. (n.d.). How Much Student Debt Is Too Much? - Room for Debate Blog - NYTimes.com. Retrieved August 12, 2009, from http://roomfordebate.blogs.nytimes.com/2009/06/14/how-much-student-debt-is-too-much/.
