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%


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
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

Green eyeshades in the ivory tower

Friday, April 04, 2014
EducationCosts BlogBY ERIC FRUITS

The rapidly rising cost of higher education has left even the smartest researchers and the wonkiest of wonks wondering what’s happening and where’s all that money going. More and more, prospective students—and their families—are asking: Is college worth the cost?


The 2014 List: The Top 33 Large Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.



How to handle the unexpected

Contributed Blogs
Friday, March 28, 2014
03.28.14 thumb disasterBY TOM COX | OB BLOGGER

The next mysterious (or disastrous) event could be one that you or your team might suddenly need to respond to, probably under intense scrutiny.


Banishing oil burners reaps benefits for schools

Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.


Barrister bands

March 2014
Tuesday, February 25, 2014

An intellectual property attorney by day, 48-year-old Stoll Berne attorney Tim DeJong is a singer and guitarist by night.


Small business sales go big

March 2014
Tuesday, February 25, 2014


Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line

BTNMarch14 piePDXBTNMarch14 pieUSA


Wheel man

March 2014
Tuesday, February 25, 2014

Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.

Oregon Business magazinetitle-sponsored-links-02