Contact Us
Make My Homepage

Student Loan Debt – Did You Get Any “Bang for your Buck!” [POLL]

flikr user paulhami
flikr user paulhami

There’s a report out today saying that the average student graduating from Stockton College in 2010 owed just under 31 grand.

New Jersey ranked 21st in the nation in average student debt.

Considering how tight the job market is, coupled with the amount of debt saddling the average student…do you feel it was worth the time and money you’ve invested, and the hock you’re now in.

According to the report, when Jamie Sofia, 23, of Atlantic City, first went to Rowan University, she borrowed $18,000 at 20 percent interest to help cover the cost.

She later transferred to Richard Stockton College, and even with financial assistance from federal Pell grants, she figures she’ll owe about $50,000 by the time she graduates next May with a degree in public health administration.

And the prospects of finding that job?

Well that’s another story.

Back in February, the Governor proposed budget increases for financial aid almost 8 percent, to more than $393 million.

Now comes the big question.

Do you feel it’s a worthy investment?

Given the fact that many of our college age kids leave for out of state schools, and eventually stay wherever it is they land; you might come to the conclusion that the investment is worthwhile in that it would theoretically keep students at home.

Yet, if the job prospects here are dim, then why allow them to amass debt without the promise of finding jobs in their chosen fields?

Hence the Posse Poll:

Did you get any bang for your buck by attending college and amassing debt?
.

Best of NJ 101.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for New Jersey Insiders quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.