Posts Tagged ‘student loans’

Arts Majors Face Increased Student Loan Burdens after College

November 26, 2014

Graduates across all majors have similar loan amounts after graduation  However, payment is a heavier burden for students who graduate with degrees in arts, sports, or humanities.  After graduation, salaries increase by an average of 65% in the first five years. However, non-career-oriented degrees start at much lower wages (x axis in the chart above) and thus pay a significantly higher percentage of their income in loan payments.

–from The Atlantic

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Student Loan Debt Reduces Likelihood of Buying Homes, Cars

June 6, 2013

Having student loan debt lowers the likelihood that a young American will purchase a home or car. Student loan debt is nearly inescapable and growing, increasing the chances that this trend will escalate over time.

–from The Washington Post