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

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