Loan debt hits hard for grads...

Posted by andres.valenzuela on Wednesday May 9, 2007

"Students at Michigan's three largest universities are keeping pace with their peers around the country in at least one way they'd prefer not to. Two out of three undergraduates say they'll leave school with at least some student loan debt," according to a Detroit Free Press poll. "And about one in four expects to owe credit card bills. Nearly one-quarter of those students who expect loan debts say they'll have to pay back less than $20,000, and 16% say they will owe $40,000 or more."

Read the full article online here.
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