<p>Notre Dame says that the average student graduates with a debt "equal to a new car"- a quote I got from an top officer at Notre Dame during a phone call......this is an average of course ..... can seniors and recent grads post what their student debt is when they graduated?</p>
<p>Business associate had a student to graduate with approx $20,000 debt last year. I really think this is a relative question based on what parent support each student might receive as well as financial aid with regards to scholarship and work/study. I do know that this student (business major) landed a great job with ease and has not been laid off.</p>
<p>thanks, I am trying to understand what the distribution is for student debt is around the average (or to be correct, if this is a bell shape curve, distribution around the average is the same as the median)</p>
<p>Well, does it say that ‘of the students who graduate with debt’ the average is a car, or that the AVERAGE student graduates with debt of a car or so. Because if you include a lot of students who do not take out loans at all, that would shift the mean down a lot lower, making those who actually carry debt probably having a bit more than that.</p>
<p>i will have a 80k debt if attending…
btw can we appeal the financial aid decision?</p>
<p>yes, good correction, ND says “'of the students who graduate with debt”, the average is a price of a new car ($20K-$25K)</p>
<p>Thanks to mom and dad, I graduated with none. I will say that many students at
ND have parents who take care of it. Then again, I knew someone who graduated with $130K. 2007 graduate here.</p>