Student Loan Has Doubled in New York State Over the Past Decade
If you're going to college right now, then you know all too well about debt.
But how does the state of New York rank for college cost?
Not surprisingly, like pretty much everything else, it's way above the national average.
New York State Comptroller Thomas DiNapoli says in a report that student loan in new York averaged $32,200 in 2015.
That's above the national average of $29,700.
That number has also doubled over the past decade. Man, is there anything out there that doesn't cost an arm and a leg?
So, if you're attending Vassar, Marist, Bard, New Paltz, or Mount Saint Mary then you probably don't need to be reminded that you'll be paying off this debt for a long time. Of course, all the well paying jobs seem to want to at least a bachelors.
Many now require a Master's degree.
Where does the Hudson Valley rank compared to other parts of the state?
The Poughkeepsie Journal reports the debt in mid-Hudson Valley region was about $30,200. That puts it about even with Ithaca and just above the Rochester area.
The Lower Hudson Valley has a debt of about $36,000.