Saturday, April 19, 2008

Is it time to look at university waste?

What's Happening To Your Money
"Student Debt Is Piling Up

• Tuition costs have climbed 60% since 2000, and the average graduating senior now owes more than $20,000, according to the National Center for Education Statistics—twice as much as graduates owed a decade ago.

• Nearly a quarter of recent grads owe in excess of $25,000.

• While student debt rose 8% from 2005 to 2006, starting salaries rose only 4%."

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