By Eric Owens | The Daily Caller
College graduates who are under 40 years of age and who have accumulated student debt have a median net worth of just $8,700, according to a new study from the Pew Research Center.
How much is $8,700 these days? It’s not much. That amount of money will buy you a silver four-door 2003 Toyota Avalon XL with just fewer than 93,000 miles, for example.
Indebted twentysomething and thirtysomething Americans are also weighed down by other types of debt resulting from credit-card borrowing and auto loans in addition to their student-loan burden.
at The Daily Caller.