Forbes – Kate Ashford
“Student loan debt isn’t getting any better. The average college borrower graduated with $28,400 of debt in 2013, according to the Project on Student Debt. And while more Millennials are staying at home to save on college costs, seven in 10 graduating seniors still have student loans. And it turns out—they’re not even sure how much they’re borrowing. Barely half of respondents at a public university were able to pinpoint what they paid for their first year of college within $5,000…In other words, undergraduates are not only borrowing vast sums of money to go to school, but they’re doing it blindly.”(more)