As seniors race to get their college applications completed, the question of how to pay for college looms large. A recent research report from TICAS found that 70% of 2013 college graduates left school with an average of $28,400 in student debt.
So, how much student debt is too much? This CBS video and article tackle the issue head-on while also providing students with some useful rules of thumb when it comes to the right amount of student debt.
This could lead to a great conversation as students discuss what they think is the right amount of debt for THEM and what factors they think are important in figuring out the “right amount.”
- NGPF Blog: Create a Financial Plan Before Heading to College
- Forbes: How Class of 2019 Can MInimize Student Debt
- Credit.com: How to Pay For College Without Building A Mountain of Debt