RI student loan debt 4th-highest in US; Salve tops the list
By Ted Nesi and Tim White
PROVIDENCE, R.I. (WPRI) – David Greco was born and raised in Rhode Island and says he’d like to stay, but he’s planning to leave when he finishes law school this year – because he and his fiancée can’t find jobs that will allow to pay off roughly $400,000 in student loan debt.
More than two-thirds of graduates who received a diploma in Rhode Island in 2011 owed money when they were done, and their average debt of $29,097 was fourth-highest in the country. A Target 12 analysis of Southern New England schools reveals Salve Regina University saddled borrowers with the most debt.
• Interactive: Average student debt at colleges in R.I., Southern Mass. (Feb. 7)
Tags: brown university, college, colleges, education, higher education, roger williams university, salve regina university, student loans, target 12
$400,000? must be a record of sorts. They didn’t get the memo on the glut of lawyers in this country?
You sign for these loans, you know what you are getting into……
When you see these big numbers, think of schools like RIC…..
Student debt is stunting the growth of the economy. Student loans have increased by 500% over past decade. As the next generation graduates from college, they are plagued by insurmountable debt that places demands on their income, limiting their ability to spend their earnings in ways that stimulate the economy.
http://www.youtube.com/watch?v=mRA9ndc1pCM
We are suppose to feel bad for him and his fiancée !!!!!! BULL !!!! If they are so smart they should have figured out their loan balances a long time ago. Let them leave RI, we already have ENOUGH lawyers .
Just join the Democrat party, run for office in the RI General Assembly and you will have all the connections you need to help pay off that debt.