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Great visualization of the average student loan debt carried by students coming out of college across the country. Amazing that most states’ averages are more than $15,000 per student. It’s tough to bash people for not saving enough when going to school automatically puts you in the hole as you enter the workforce.
It will be interesting to see how the secondary education bubble deflates over the next few years as students can’t turn to parents’ home equity loans and 401k’s etc. to fund overpriced college tuitions.
Image and h/t Brazen Careerist:
Last 3 posts by Morgan
- Subprime Bananas - June 28th, 2009
- Roubini: No confidence in government exit strategy - June 24th, 2009
- Goldman bonuses largest in firm's 140-year history - June 21st, 2009
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