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You are here: Home Newsroom Education News Roundup Archive 2010 October 2010 College grads facing more debt, fewer jobs

College grads facing more debt, fewer jobs

  • 10-22-2010
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By Erica Perez/California Watch

College students are graduating with higher debt levels at a time when the economy offers fewer jobs for them to choose from, according to a new report. Students who graduated in 2009 carried an average of $24,000 in student loan debt, a 6 percent increase from the previous year, while unemployment for recent college grads climbed from 5.8 percent in 2008 to 8.7 percent in 2009. The report comes from the Project on Student Debt, an initiative of the Oakland-based Institute for College Access and Success. (more…)

Also: New York Times


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