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by dpark 3302 days ago
> Very few colleges will leave with student loan debt an order of magnitude greater than $20k. ... Average student loan debt is around $30k

You must realize these statements are fundamentally at odds. If the average is $30k, then very clearly most colleges will leave you with $20k+ in debt.

The University of Mississippi is an affordable public university that happens to be where I earned my degrees.

They estimate $23,606 for state residents. Per year.

http://finaid.olemiss.edu/cost-of-attendance-2016-2017/

2 comments

Reread my comment and the OP's:

Very few colleges will leave with student loan debt an order of magnitude greater than $20k.

Ah, then yes. My mistake. Very few people will leave with $200k in loans.
I don't think too many people take full loans for all of their expenses, and don't receive any financial aid. If you're from a well-off family, yeah, you're going to leave with like 80k in loans because the state isn't going to help you