Increasingly, Americans are considering alternative paths that do not involve a university education. Four million fewer students were enrolled in college in 2022 in comparison with the last decade before, NBC News reported.
As of 2023, borrowers had a mean of $37,338 in federal student loan debt, USA Today reported — and the standard college graduate’s starting salary is roughly $58,862, per Bankrate.
More than 4 in 10 bachelor’s degree holders under 45 don’t think that the advantages of their education exceed the prices, in line with a survey by the Federal Reserve.
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