Students expect to pay off school debt in 6 years

Linda Nguyen of the Canadian Press runs down the expectation and reality of student debt. Most kids think they’ll be on the hook for close to $10,000 in school debt but some shoulder as much as $25,000. On average, they expect to get out from under this burden in six years. It will be obvious that some take longer depending on their field and just how much judgement they applied during school. Worth a read if you are about to assume debt or have a son or daughter about to borrow money. Linda Nguyen, Canadian Press