Just got back from two weeks in Hong Kong; got lots of stuff I want to write about, but been having trouble sitting down to do it.
So a brief shot before I get to the important stuff.
Was listening to NPR on my way in to work this morning; they were talking about a proposed government program to provide more accurate information to prospective college students. The idea is to get more accurate info than US News & World Report gets, plus make it a little bit less gameable.
That all sounded interesting, and useful (except, they said, graduation rates would be based on students who graduate w/in six years, rather than four or five).
But the reason I'm writing this is that, at the end, they stated that average student debt upon graduation is about $26k (I forget the exact figure). That does seem a little low to me (they could be adding in community college students, perhaps), although I don't know.
The bigger point is that they took that value and compared it to a car loan, saying that many people take out car loans for that much. True enough, but it isn't people just graduating from college (who may or may not have a job lined up) who are doing so, so I'm not sure of the value of the comparison.
Showing posts with label student. Show all posts
Showing posts with label student. Show all posts
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