That’s $28,950 average loan amount. Most people in America can pay that kind of a loan after graduating in a year if they skimp on everything, or let’s say 3 years by living fairly normally.
As a comparison, average mortgage size in USA is around $450K.
https://www.forbes.com/advisor/student-loans/average-student-loan-debt-statistics/
That’s $28,950 average loan amount. Most people in America can pay that kind of a loan after graduating in a year if they skimp on everything, or let’s say 3 years by living fairly normally.
As a comparison, average mortgage size in USA is around $450K.