








Median student debt for all Americans is just $13,000.

On the bright side, college graduates do tend to make considerably more money per year compared to people who never graduated with a four-year degree.

Households with a “head of household” college graduate under 40 have an average annual income of $57,941. Households where no one has a college degree have a substantially lower yearly income of $32,528.

“College grads with student loans are benefiting from higher incomes because of their degrees, but about four in 10 borrowers are weighed down with a substantial amount of debt that extends beyond student loan debt,” said lead study author Richard Fry, according to the Times.

If you are rusty on your math, median means the number which is exactly in the middle if every number in a group is lined up in numerical order.

College students and the rest of America’s youth voting bloc voted enthusiastically for President Barack Obama in both 2008 and 2012. For example, Obama trounced Mitt Romney among young people by a margin of 67 percent to 30 percent in populous and crucial states including Florida, Pennsylvania and Ohio, according to a Tufts University study.

Career prospects for this year’s crop of newly-minted college graduates are looking incredibly bleak. Over 80 percent of all graduating seniors had zilch in the way of jobs lined up for their post-campus lives as of April, according to a poll conducted by AfterCollege, a website that connects job-seeking college students with employers. (RELATED: Just 17 PERCENT Of College Grads Have Real Jobs Waiting)
