Web DebtSmart.com
Monday, June 24, 2024  
Printable Format   

A Generational Approach of Student Loan Debt in America

Scott Bilker Scott Bilker is the founder of DebtSmart.com and author of the best-selling books, Talk Your Way Out of Credit Card DebtCredit Card and Debt Management, and How to be more Credit Card and Debt Smart. Receive the 5-Year Loan Spreadsheet when you subscribe to his email newsletter.

This infographic from ConsolidatedCredit.org contrasts the amazing changes in the cost of education throughout the years. The average debt that a graduate today can expect is $25,000 and that entire 4-year education can cost $414,000. I know you know this is crazy but here is a personal story.

My aunt who was born in the early 20’s, graduated high school at 16 years old. She received a full, 4-year scholarship to Temple University at that time. Guess how much? Ready….$900! That wouldn’t even pay for books today!

Infographic created by: ConsolidatedCredit.org

This entry was posted in Debt Management, Student Loans. Bookmark the permalink. Read more articles by Scott Bilker. (Also see articles by all authors and articles in all categories.)

Facebook Comments


Subscribe FREE and start finding new ways to save money and pay off your debt.

"The DebtSmart Email Newsletter is packed with cutting-edge strategies for solving credit problems. I highly recommend it."--Gerri Detweiler, radio host and author of The Ultimate Credit Handbook

NBC 10 News:
Money King Secrets
<Photos and Video>
Art Fennell Reports
<Photos and Video>
CNN: CNN Newsroom
<Photos and Video>
CNN: American Morning
<Photos and Video>
ABC: Action News
<Photos and Video>
CNN/fn: Your Money
<Photos and Video>
<See all Television Interviews>

Subscribe to the DebtSmart® RSS Feed
   Add to Google