Young Money Magazine (MCT)
Today it's not uncommon for college graduates to owe $50,000, $100,000 or even $150,000 in student loans upon graduating. Unfortunately, it's commonplace given the escalating costs of tuition and students taking more than four years to complete their education.
Students loans are the necessary price to pay for opportunities and the possibility of career advancement. But be warned, once you assume these loans it becomes your responsibility to manage them effectively and "do your homework."