3529 shaares
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- Average university debt: $25K (over twice the government-subsidized loan amount)
- Median university debt: $20K
Undergraduate tuition fees are too high and the government support is too low.
Over 1/3 graduates (36%) owe above $30K after undergraduate education. The median is $20K. That's quite a skew when you remember that the data is bounded at 0 on the left.