
Seven in Ten College Graduates in Debt. How will Millennials come out of this Mire?
Student loans, which were recently compared with home loan bubble of 2008, have shown the signs to prove the comparison right, in a study conducted by The Institute of College Access and Success. With Six states having average debt more than $ 30,000, condition of the rest of the states is also not very good. For public and nonprofit graduates, state averages for debt at graduation ranged widely in 2013, from $18,650 to $32,800, and new graduates’ likelihood of having debt ra