They're the new 1 percenters. Keep that figure in mind the next time you read or hear stories about students who graduated from college with six-figure debt. Those borrowers who have loaded up on $100,000 or more in college-related debt represent extreme situations, according to research from Mark Kantrowitz, represent less than 1 percent of students who graduate from college withdebt exceeding $100,000. The average undergrad actually leaves college with a more affordable amount of debt, about $27,000. Read more at:http://articles.chicagotribune.com/2012-08-13/features/sns-201208131600--tms--kidmoneyctnsr-a20120813-20120813_1_student-loan-debt-college-financial-aid-mark-kantrowitz
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I am the Associate University Librarian for Research and Instructional Services at Temple University.