The FastCompany.com featured infographic of the day "Is College Really Worth It?" illustrates some interesting (and scary) points about how college students spend their time, their money and their degrees. It also touches on some important issues about youth financial literacy, student loans and credit card debt:
2/3 of all students graduate with debt
Average debt is $23,200 (50% more than a decade ago)
Average credit card debt is $3173
44% of graduates delay in buying a house from debt
28% of graduates delay in having children from debt
39% graduates say it will take them 10 years to pay off debt ....
Students spend 5.5 billion a year on alcohol...
The facts are more interesting on the graphic, check it out at FastCompany.com.
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