Educated to debt: college, credit cards, and students: a dangerous mix? (Between the Lines).
$1,000,000
Amount more a college degree
is worth compared to a high
school degree across a lifetime
in the workforce
$16,928
Average cumulative federal
student loan debt (1999-2000)
$9,188
Average cumulative federal
student loan debt (1992-1993)
64%
Percentage of students who
take out federal loans
40%
Average increase in and
fees at a public institution over
past decade
32%
Percentage of students who
have four or more credit cards
$2,748
Average student credit card
debt
10%
Percentage of students who
owe more than $7,000 on credit
cards
Source: Sallie Mae Sallie Mae: see SLM Corporation. , Christian Science Christian Science, religion founded upon principles of divine healing and laws expressed in the acts and sayings of Jesus, as discovered and set forth by Mary Baker Eddy and practiced by the Church of Christ, Scientist. Monitor
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