According to http://www.debt.org, “The average student loan debt for 2016 college graduates who borrowed to get through school was $37,172. If a 2016 graduate took the standard repayment plan for the $37,172 borrowed – 10 years, at 4.29% interest rate – they would be paying $382 a month for the next decade.”
I’ve always been one who didn’t want to pay a lot for college, so after receiving a scholarship to play baseball in college, it made my future financial decisions much easier for me.
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