Tuesday, March 19, 2013
Arts-Focused Colleges Rack Up Most Student Debt
WSJ.com: Most people assume a degree in the arts is no guarantee of riches. Now there is evidence that such graduates also rack up the most student-loan debt. A Wall Street Journal analysis of new Department of Education data shows that median debt loads at schools specializing in art, music and design average $21,576, which works out to a loan payment of about $248 a month. That is a heavy burden, considering that salaries for graduates of such schools with five or fewer years' experience cluster around $40,000, according to PayScale.com.
Posted by David at 3/19/2013 03:25:00 PM