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To: Graybeard58
I graduated from college in 1984 with a debt I then considered crushing: $10,000...Today, the average college student is graduating with more than $19,000 in debt, if they're lucky.

Makes sense, because if you go according to the Consumer Price Index, today the average would be $20,014.34.

CPI

46 posted on 06/17/2007 1:40:05 PM PDT by BlessedBeGod
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To: BlessedBeGod
I graduated from college in 1984 with a debt I then considered crushing: $10,000...Today, the average college student is graduating with more than $19,000 in debt, if they're lucky.

CPI figures (which I consider to be low-balled politically) would indicate that my college loans would total $30K plus in today's dollars yet I had paid them off within 5 years of graduation. Of course, I wasn't driving a new car and "keeping up with the Jones's"!

It is (and always has been) a matter of priorities!

74 posted on 06/17/2007 8:51:54 PM PDT by ExSES (the "bottom-line")
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