Saturday, April 28, 2012

Student Debt Rises, Earnings Fall for College Students

Wall Street Journal: Trying to Shed Student Debt April 28-29 2012, A3.

Average earnings for full-time workers age 25-34 with a bachelor's degree only are down 15%

"The average debt load of all new graduates rose 24%, adjusted for inflation ... to $16.932."

Majia here: In 2010, the poverty rate for 25 to 34 year olds was 42.8%

Source: Dougherty, C., & Murray, S. (2010, September 17). Lost Decade for Family Income. The Wall Street Journal, p. A1, A4.

Majia here: What we are seeing happening is the collapse of opportunities for our younger generations. This is a formula for unrest.

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