theHRguy@lemmy.world to Work Reform@lemmy.world · 2 months agoAccording to the Federal Reserve Americans owe over $1.6 trillion in student loan debt, with the average borrower owing $37,667medium.comexternal-linkmessage-square11fedilinkarrow-up189arrow-down11cross-posted to: [email protected]
arrow-up188arrow-down1external-linkAccording to the Federal Reserve Americans owe over $1.6 trillion in student loan debt, with the average borrower owing $37,667medium.comtheHRguy@lemmy.world to Work Reform@lemmy.world · 2 months agomessage-square11fedilinkcross-posted to: [email protected]
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkarrow-up1·2 months agoIf that’s the average, knowing nothing else at all, we can assume they started with 80k debt. Half are just at the start, and half are almost done paying off.
minus-squareBaldProphet@kbin.sociallinkfedilinkarrow-up1arrow-down1·2 months agoYou’re describing the median, not the average.
If that’s the average, knowing nothing else at all, we can assume they started with 80k debt. Half are just at the start, and half are almost done paying off.
You’re describing the median, not the average.