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Read NGPF's school-by-school analysis of financial education in America today
College graduates need a plan to pay back any money they chose to borrow. Let's see how much that is, on average.
Answer: $37,090
*Note that 2024 is only for the first two quarters of the year
Questions:
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Behind the numbers (Education Data Initiative):
"Currently, student loan debt at graduation is an estimated $37,090. Despite the rising cost of tuition, graduates who have been out of school for years often owe more than new graduates due to interest rates.
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Dave joins NGPF with 15 years of teaching experience in math and computer science. After joining the New York City Teaching Fellows program and earning a Master's degree in Education from Pace University, his teaching career has taken him to New York, New Jersey and a summer in the north of Ghana. Dave firmly believes that financial literacy is vital to creating well-rounded students that are prepared for a complex and highly competitive world. During what free time two young daughters will allow, Dave enjoys video games, Dungeons & Dragons, cooking, gardening, and taking naps.
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