This generation of students will graduate with more student loans and debt than any previous to it (adjusted for inflation, of course). Rising school costs, living costs in college towns, and credit card debt may all be to blame. I came across a state-by-state interactive map over at USA Today, which breaks down the average debt accrued by students graduating from public and private universities.
Something I thought was strange: Iowa’s private university grad debt is lower than its public grad debt. Wonder why….
Anyway, if you want to know a bit more, go here.