I think it really depends on the university you’re going to, the status (public/private) and the state you’re in. For example, I’m in New York State, and tuition is about $3000 a year, and housing is about $3000 a year, so I would be taking out $6000 or so of loans per academic year, coming to $24,000 for the four years. I think you might get some more specific answers if you describe your state university system (if you’re going to a public school) or which private school you’re going to.
In a recent study, about 50% of college graduates had student loans that totalled to an average of $10,000. This website also has tips for managing your budget and the amount of loans you have.
December 4th, 2008
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I think it really depends on the university you’re going to, the status (public/private) and the state you’re in. For example, I’m in New York State, and tuition is about $3000 a year, and housing is about $3000 a year, so I would be taking out $6000 or so of loans per academic year, coming to $24,000 for the four years. I think you might get some more specific answers if you describe your state university system (if you’re going to a public school) or which private school you’re going to.
20,000 – 30,000
In a recent study, about 50% of college graduates had student loans that totalled to an average of $10,000. This website also has tips for managing your budget and the amount of loans you have.