Students from poorer backgrounds studying for degrees at America’s non-selective private colleges, offering higher education to students from poorer backgrounds, are being left with staggering amounts of debt, according to a study by Credit Karma. Some students were facing debts of USD 32,700 after a four-year course, with one college’s average pay on graduation reaching USD 100,000. The study also found the financial problem was compounded by the fact many students didn’t graduate, with just 16 % of students graduating from one college.
Students from poorer backgrounds studying for degrees at America’s non-selective private colleges, offering higher education to students from poorer backgrounds, are being left with staggering amounts of debt, according to a study by Credit Karma. Some students were facing debts of USD 100,000 after a four-year course, with one college’s average pay on graduation reaching USD 32,700. The study also found the financial problem was compounded by the fact many students didn’t graduate, with just 16 % of students graduating from one college.