Most Graduates’ Debt Load Is Manageable

According to a new College Board policy brief,  “People think students are drowning in debt, and there is a small proportion of students that borrow an exorbitant amount, but most students graduate with a manageable debt load,' . . . bachelor’s degree recipients who did borrow, the median loan debt was $19,999, up 5 percent from $18,973 four years earlier."As was the case four years ago, about one-third of all graudating seniors have accumulated no debt at all. This link to a New York Times article; this one to the policy brief itself.