According to the Association of Public and Land Grant Universities, the average debt of a student who borrows when they graduate from a four-year public college is $25,921, or $6,480for per year. Among all public university graduates, including those who did not borrow, the average debt at graduation is $16,300. According to the College Board, the average cumulative student debt balance in 2017 was $26,900 for graduates of public four-year schools and $32,600 for graduates of private non-profit four-year schools. If you end up with debt around the average, you should be able to handle the payments. It is the people who begin college and do not finish that have serious problems with their student debts.
Introduction
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Your First Big Job: How to Get It
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Flourishing in Your Job and Well-Being in Your Life
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The Importance of Behavioral Economics
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What is Money?
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Analyzing Your Current Financial Situation
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Budgets and Saving
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Credit Cards, Auto Loans, and Other Personal Debt
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Student Loans
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Understanding the Time Value of Money
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Banks and Financial Institutions
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Buying a Home
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Insurance: What Do You Need?
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Investing Fundamentals
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Investing in Mutual Funds
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Saving for Retirement
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Fiscal Policy and Monetary Policy-Government Intervention in Your Life
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