How many college graduates are impacted by student debt?
- 21 percent (0% people answered this)
- 66 percent (74% people answered this)
- 39 percent (3% people answered this)
- 53 percent (22% people answered this)
62 people answered.
Correct answer is: 66 percent
Not many students can afford to pay for college these days without taking loans. According to FinAid.org, about two-thirds (65.6%) of students graduating with a Bachelor's degree had some debt in 2007-08, with the average student loan debt of $23,186.
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Rep. Virginia Foxx has come out on record against having any tolerance for people with student loans. How many students do you think that includes? "I went through school, I worked my way through, it took me seven years, I never borrowed a dime of money. [...] I have very little tolerance for people who tell me that they graduate with $200,000 of debt or even $80,000 of debt because there’s no reason for that." Today's students are in a different situation from when Rep. Foxx graduated in 1968. Let's see if you can do a better job of estimating the state of student debt than the Chair of the Higher Education Subcommittee.