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Can employers help solve the student debt problem? – HR Dive

The good news about student loans is that they allow millions of people to earn college degrees who otherwise wouldnt be able to afford them. The bad news is that college graduates enter the workforce deeply mired in debt that deflates their net worth and keeps them cash-strapped for years, if not decades. The current wave of college graduates is facing debt in amounts far above previous generations.

Just how deep in debt are U.S. college graduates? Oliver Wyman, a global management consulting firm, sets the median figure for an undergraduate degree at more than $25,000. That figure rises with each advanced degree. Graduates with MBAs enter the workforce with a median debt of $45,000. Medical school graduat…

Read the full article at: https://www.hrdive.com/news/can-employers-help-solve-the-student-debt-problem/507960/

Category: Debt HelpBy Insolvency GuardianOctober 26, 2017

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Can employers help solve the student debt problem? – HR Dive

The good news about student loans is that they allow millions of people to earn college degrees who otherwise wouldnt be able to afford them. The bad news is that college graduates enter the workforce deeply mired in debt that deflates their net worth and keeps them cash-strapped for years, if not decades. The current wave of college graduates is facing debt in amounts far above previous generations.

Just how deep in debt are U.S. college graduates? Oliver Wyman, a global management consulting firm, sets the median figure for an undergraduate degree at more than $25,000. That figure rises with each advanced degree. Graduates with MBAs enter the workforce with a median debt of $45,000. Medical school graduat…

Read the full article at: http://www.hrdive.com/news/can-employers-help-solve-the-student-debt-problem/507960/

Category: Debt HelpBy Insolvency GuardianOctober 25, 2017

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PreviousPrevious post:The Medicines Company brings out the ax, looking to jettison hundreds of jobs in top-to-bottom restructuring – Endpoints NewsNextNext post:Athenahealth cuts to total 60 in Atlanta as part of restructuring – MyAJC

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May 10, 2025
Can debt forgiveness erase medical debt?
May 10, 2025
IMF says Nigeria repays $3.4 billion COVID-19 funding – Reuters
May 9, 2025
Student loan repayment: This is the worst time to collect student debt
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