How does the average student only owe $19k after graduation?
If tuition is $7,000 and room and board is $7,000 a year, and your personal expenses come to $3,000 per year, then thats $17,000 per year. With a total of $68,000 after 4 years.
Let’s say you get a pell grant for $4,300 a year and work part-time. You would still have WAY above $19,000 in student loans.
How does the average student get through school without owing so much?
it depends on location. it is best to get your generals out of the way at a junior college, then transfer over to the university to wrap it up.
most students work enough for personal expenses and rent, which help.
its different for each area. there are schools in NY that cost 30k just in tuition, and some in KS that cost 500. who knows…