Among student borrowers who opened their loans between 2010 and 2019, more than half now owe more than what they originally borrowed.
#CapitalismKills
#StudentLoansSuck
Since 1992, the sticker price has almost doubled for 4-year private colleges & more than doubled for public colleges, even after adjusting for inflation. Today the avg. total of attending a private college, including living expenses, is about $58,000 a year. After financial aid, the average net price for private-college students is about $33,000 a year; at public institutions, it is about $19,000.
#Capitalism Ruins Everything
And those averages conceal a great deal of variation. For example, at the University of Michigan (a public university), tuition, fees and expenses for out-of-state juniors and seniors total more than $80,000 a year.
Researchers have recently discovered that, on average, those who've graduated after 1992 with a four-year college degree are NOT at an economic advantage over high school-only graduates...
because of massive #StudentDebt.
#America