More Debt for Graduating Seniors

October 22, 2010

College seniors who graduated in 2009 had an average of $24,000 in student loan debt, up 6 percent from the previous year, according to data released Thursday by the Project on Student Debt. At the same time, unemployment for recent college graduates climbed from 5.8 percent in 2008 to 8.7 percent in 2009 – the highest annual rate on record for college graduates aged 20 to 24. Details are available from the project's Web site.

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