Sponsored by Forest Grove Economic Development
Home Back Issues May 2012 The loan load

The loan load

| Print |  Email
Articles - May 2012
Monday, April 23, 2012
By Linda Baker

0512_ByTheNumbers_StudentDebtAs college students borrow more money to finance rising tuition costs, the education bubble may be the next to burst. In 2011, the nation’s student debt burden reached $1 trillion, surpassing total balances due on credit card and auto loans. In 2010, college seniors nationally carried an average of $25,250 in debt, up 25% since 2000. Unlike mortgage loans, student load debt can’t be discharged during bankruptcy. Instead, young people shoulder the credit risk, threatening their economic potential.


Portland State University
2010-11 tuition: $5,646
2011-12 tuition: $6,156
Increase: 9%
2010 average student debt load: $26,287
2011 average student debt load: $26,560
Increase: 1%

Oregon State University
2010-11 tuition: $5,760
2011-12 tuition: $6,228
Increase: 8.1%
2010 average student debt load: $21,846
2011 average student debt load: $22,410
Increase: 2.6%

University of Oregon
2010-11 tuition: $6,930
2011-12 tuition: $7,551
Increase: 9%
2010 average student debt load: $20,928
2011 average student debt load: $22,736
Increase: 9.3%

All Oregon Universities
2009 average student loan debt: $22,417
2009 proportion of students with debt: 60%
2010 average student loan debt: $23,967
2010 proportion of students with debt: 63%
 

Comments   

 
Martha  Perez
-1 #1 General Political ActivistMartha Perez 2012-05-09 19:46:55
The republican party just moments ago, chose not to vote to assist the now 1 trillion dollar student debt that is literally killing the American dream. I hope our leaders continue to find ways to lessen this crushing and unjust burden on the already weary shoulders of our nation's students.
Quote | Report to administrator
 
 
Linda
0 #2 RE: The loan loadLinda 2012-05-10 15:33:08
Why not do a survey of community colleges? Costs are lower and there are many valuable 2 year technical degrees available that allow graduates to go to work in good paying jobs upon graduation.
Quote | Report to administrator
 

More Articles

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS