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Leaving college with a degree and thousands in debt

23.02.12

PHILADELPHIA — Americans are graduating from college today with mountains of debt that will take years to dig out from under.

Two-thirds of 2011 graduates of four-year colleges accumulated an average of $34,000 in debt each, according to FinAid.org — more than triple the amount of a 1992 graduate. For those who went on to medical or law school, the final cost could be 10 times that amount.


Source: The Republic