The Next Chapter
Nearly 20 million Americans attend college each year. Of that 20 million, close to 12 million – or 60% - borrow annually to help cover costs. Seven in 10 college seniors (71%) who graduated last year had student loan debt, with an average of $29,400 per borrower.
Graduation marks a new beginning in many students lives but it also marks a new ending. Students spend four to five years gathering the necessary tools to be successful in the real world. Many students have jobs line up as soon as they graduate while many have no idea of what their future holds.