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As of 2018, the average monthly student loan payment (for a borrower aged 20 to 30 years) is $351.
Fact 11
College graduates in 2016 had an average student debt of $37,172. Together Americans owe $1.48 trillion in student debt.
Fact 10
Over 40% of full-time undergraduate students who began seeking a bachelor's degree at a 4-year degree-granting school don’t finish within six years.
Fact 9
Right now, there are more than 8,000 skilled jobs in Minnesota going unfilled. Nationally it's 600,000.
Fact 8
About 2/3 of high school graduates are going off to 4-year universities, but only 1/3 of the jobs in America require that level of education.
Fact 7
Since 1978, the cost of attending college has grown faster than costs in any other sector of the economy, even healthcare!
Fact 5
In 2008, 35% of four-year college graduates were “underemployed” (holding a job that does not require the degree they hold). In 2014 it was 44%.
Fact 6
2/3 of all the jobs in the U.S. economy require 2-years or less of higher education.
Fact 4
Between now and 2025, more than 2 million manufacturing jobs will need to be filled because of baby-boomer retirements and a growing economy.
Fact 3
Average student debt has more than tripled in the last 25 years – from $10,000 in 1994 to more than $35,000 in 2015.
Fact 2
The “Job Ratio” in the U.S. Economy is 1:2:7. For every 1 job requiring a master’s degree (or higher), there are 2 jobs requiring a Bachelor’s Degree and 7 jobs that require a 2-year degree or less.
Fact 1