theHRguy@lemmy.world to Work Reform@lemmy.world · 2 years agoAccording to the Federal Reserve Americans owe over $1.6 trillion in student loan debt, with the average borrower owing $37,667medium.comexternal-linkmessage-square12linkfedilinkarrow-up188arrow-down11
arrow-up187arrow-down1external-linkAccording to the Federal Reserve Americans owe over $1.6 trillion in student loan debt, with the average borrower owing $37,667medium.comtheHRguy@lemmy.world to Work Reform@lemmy.world · 2 years agomessage-square12linkfedilink
minus-squaresurewhynotlem@lemmy.worldlinkfedilinkarrow-up1·2 years agoIf that’s the average, knowing nothing else at all, we can assume they started with 80k debt. Half are just at the start, and half are almost done paying off.
minus-squareBaldProphet@kbin.sociallinkfedilinkarrow-up1arrow-down1·2 years agoYou’re describing the median, not the average.
If that’s the average, knowing nothing else at all, we can assume they started with 80k debt. Half are just at the start, and half are almost done paying off.
You’re describing the median, not the average.