Statistically Speaking
News |
On Feb. 8, the House of Representatives approved a bill that would establish a federal list of the nation’s most expensive colleges and increase the maximum Pell grant. The bill aims to make colleges more affordable and more easily accessible to students of all financial backgrounds. Here are some statistics on the ways in which students pay for college:
Percentage of students entering college with a credit card in 2006: 75
Amount provided in private loans for the 2006–2007 school year: $14 billion
Average student loan debt after attending a private four-year college: $29,000
Average student loan debt after attending a public four-year college: $26,119
Percentage growth of students taking out private loans from 2006 to 2007: 30
Sources: [SLANT12]www.amsa.com[SLANT12], [SLANT12]collegeboard.com[SLANT12]
Comment guidelines
If you provide an email address, it will be displayed. This may make you more vulnerable to spammers.
HTML is not allowed. Paragraphs are automatically created by leaving a blank line. Links are created from URLs automatically.
Off-topic or inappropriate (e.g. obscene, libelous) comments are not permitted and will be removed.