College graduates who are under 40 years of age and who have accumulated student debt have a median net worth of just $8,700, according to a new study from the Pew Research Center.The great moments of public education.
That meager average net worth compares to a median net worth of $64,700 for college grads in the same age cohort who did not take out student loans, reports the Los Angeles Times.
Friday, May 16, 2014
Student Debt-Laden College Grads Under 40 Have $8,700 Median Net Worth
The Daily Caller reports: