Did you know that the average B.A. graduate is saddled with over $29,000 in debt at graduation? Or that without employer contribution or refinancing, an undergraduate degree holder with an average debt and payment plan will wind up paying almost $10,000 in just interest?
All of this and more revealed in a recent study by nerdwallet.com, a website that seeks to provide personalized financial advice. Click here to read more interesting facts about student debt and employee repayment plans.
Attached is a quick table summarizing their findings: