Well, this wasn’t as bad as I thought it would be, but I
guess the main thing to realize is that this is the average. If you are helping to increase the average, I’d say you are in bad shape, but if you are able to complete a college degree with average debt or lower, it seems like a good investment. I mean, many people finance more than $20K for a car! Seems to me you’d be better off financing that amount if you actually get a college degree out of it.
Anyway, go check out the cool graph at Mint.com
http://www.mint.com/blog/trends/student-loans-08242010/
Filed under: credit/debt, Links to Love
