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December 5, 2013

Study: 7 in 10 College Students Graduating With Loan Debt 
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A new study says the number of U.S. college students graduating with
loan debt is on the rise. According to the Project on Student Debt, 71
percent of students graduated with debt last year, up from 68 percent in
2008. The average debt load was $29,400, an increase of 6 percent every
year. African-American students were most likely to graduate with heavy
debt, with almost one-third owing at least $30,000.

 

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