The average American student graduating with a bachelors degree leaves with approximately $28,400 of debt to be repaid over the course of their career. In fact, over 70% of students graduating will be in this position, making it the norm.
Of course, that is simply a bachelors degree, which in today’s world will get you a management position working at McDonald’s. Let’s face reality. Most of those starting their post-secondary education today, will not find a job that is related to what they studied at university after graduation. At best you can chalk it up to a grand social experiment, although a costly one.