Sponsored by Oregon Business

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

Announcing the date of the 100 Best Green Workplaces in Oregon event

News
Friday, March 20, 2015
OBM-100-best-Green-logo-2015-250pxwBY OB STAFF

Join us to celebrate and network with Oregon’s best green workplaces!


Read more...

Party Like It’s 1999

Contributed Blogs
Wednesday, February 25, 2015
pets-com-sock-puppetBY JASON NORRIS, CFA | OB GUEST BLOGGER

Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.


Read more...

How a Utah-based essential oils company cornered the Oregon market

March 2015
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR

Multilevel marketing, health claims and zyto scanner biofeedback machines: How dōTERRA thrives in Oregon. 


Read more...

Emperor of the Sea

April 2015
Friday, March 27, 2015
BY COURTNEY SHERWOOD | Photos by Jason E. Kaplan

Pacific Seafood, one of the world’s largest processors, is rebranding as a more transparent and consumer-friendly operation. A controversial CEO and monopoly accusations from coastal fishermen complicate the tale.


Read more...

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


Read more...

100 Best: The Power of the Worker

March 2015
Wednesday, February 25, 2015
BY KIM MOORE | OB RESEARCH EDITOR
AND AMY MILSHTEIN | OB CONTRIBUTOR

Technology is empowering people like never before and transforming how employees interact in the workplace. How can companies attract and keep staff engaged in this rapidly changing world?


Read more...

10 quotes explaining crisis at Port of Portland

The Latest
Friday, February 20, 2015
022015 port portland OBM-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.


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