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[quote]
At private 4-years, it isn't uncommon for the average student to have amassed $50,000+ in loan debt.
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<p>See, I just don't see that figure supported by data anywhere. I'm not saying that there isn't huge borrowing going on (especially when you include parent loans, which often are not reported in data), but I would not want to give a student such as this OP the idea that MOST kids are taking on that sort of debt, because I do not believe that to be the case. The majority of kids at private 4 year schools have able and willing parents who are paying a LOT towards their expenses, they are not simply borrowing their way through those schools.</p>