Average Debt from a Private University

<p>Hello,</p>

<p>I plan to attend private universities in the USA. Possibly for my second Bachelors, but I need to know,</p>

<p>What is the average college debt for private university graduates? </p>

<p>I would like to see if it can be affordable on my budget.</p>

<p>Just look at the cost of attendance for whatever school you’re interested in. That’s what it will cost you. </p>

<p>And you’ll need to plan on PAYING that amount, not borrowing it.</p>

<p>If you already have a bachelor’s degree, why not go for a master’s degree?</p>

<p>You could get TA or RA & they would reduce the cost quite a bit.</p>

<p>Yeah, listen to dodgersmom. Even for people in the US getting their first bachelor’s degree, assuming that you’re going to get as many loans as you’d like isn’t a smart idea; as an international student who already has one, your options will be much more limited.</p>

<p>According to the OP’s other threads, she is a US citizen, although her background’s a bit confusing. She’s already asked about getting a masters. I think she was hoping that a second bachelor’s would be less expensive . . . </p>

<p>No such luck, though. If anything, it will cost significantly more!</p>

<p>Average debt doesn’t mean ANYTHING to you. It can’t help you plan. Some people have families that pay most, so they borrow little. Some people have to borrow more. Some use private loans and those don’t get included in the averages. Some schools give better aid. Etc, Etc. So, an average amount of debt means nothing.</p>

<p>Besides, you’re asking for a second bachelors…some aid isn’t even available for that…you might have to pay/borrow all costs.</p>

<p>What is TA and RA?</p>

<p>From Internet:
"The most popular types of funding on campus are TA, RA and GA. Depending on the research and enrollment in the University, these positions vary.</p>

<p>Teaching Assistantship (TA) :
TAs usually help out the instructor for anything related to course anywhere from grading the home works to teaching a particular topic in class. Depending on the professor and the level of course, TAs will have little to full work. TA usually does the grading of homework, projects, and quizzes. </p>

<p>Research Assistantship (RA) :
Research Assistantships are very common in research oriented Universities. The funds for RAs come from the research projects under a professor. They professors usually get grants to do research and professor seeks students to help them with the research…"</p>

<p>Even if you do look at the “average indebtedness” figures for universities, the numbers may be very misleading because they will only include the debt that the university knows about. Debt incurred by parents, such as from the PLUS loan program or private student loans that are disbursed to the students directly will not be included in these numbers.</p>