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Saturday, May 29, 2010

Scary College Debt Levels

A graduate of NYU has $100,000 in student loans and is making roughly $40,000 a year.

Scary. NYU is a great college, but at $50,000 a year is it worth it? For some parents due to the prestige the answer is yes. In the Chinese community many parents are obsessed with their kids getting into name brand schools.

Your Money: Placing the Blame as Students Are Buried in Debt - NY Times.

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