Which Employers Pay for a College Degree?

College has never been more expensive. The current average federal student loan debt in the United States is $37,113, according to the Education Data Initiative. The average student loan debt-to-income ratio for a new graduate is 54.6%.

“Before adjusting for inflation, the average student loan debt at graduation has increased 2,807% since 1970, after adjusting for inflation, the average debt increased 317%,”  

Students must deal with a long-term issue of student loan debt and the difficulties of affording college even before obtaining loans. Private institutions have the highest tuition rates in the country. The University of Southern California has one of the highest costs of attendance at a total of $85,600 if you live on campus. Tuition is $63,400 for the 2022-2023 school year.


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