Student Employment Facts

1. According to a 2007 study on college student dropout rates, financial pressure is the number one reason students drop out of college—a strong 38 percent of dropouts.

2. There are on average 1,125,000 college dropouts per year. This means that 427,500 of these students left school because of financial issues.

3. The average wage of a student’s in-wcollege job is $11 per hour.

4. The average college student’s debt after college is $23,700 and the average debt payment per month is $432.

5. It is 400 percent more expensive to go to college in the United States today than it was just 30 years ago.

6. Americans now owe more than $875 billion on student loans, which is more than the total amount that Americans owe on their credit cards.

Dylan Conroy - Thu, 2012-02-02 00:18