College graduation is typically a time to tally accomplishments and to look ahead. But for many graduates, it is also a time to tally student loans and figure out how to repay them. About two-thirds of college graduates have some student loans to pay off, and their average debt is about $25,000 to $28,700, according to estimates by education experts and organizations. (About 10% of those with loans owe more than $50,000 or so.) Many college seniors say they had not thought much about their debt until they received summaries just before graduation. Their reactions ranged from complete panic to a calm sense that their degree will help them get well-paying jobs to cover the loans.
http://www.latimes.com/news/local/la-me-student-debt-20120520,0,7421626.story
