avg indebtedness of wes grads?

<p>I am worrying about this because I love Wesleyan but I also know it is a somewhat expensive college to attend. Anyone know? Thanks.</p>

<p>i looked it up and it says 23k. so is that an avg amount of debt for one to have after college graduation (not counting debt of pre-meds, etc.)? how many years would i be able to pay it off?</p>

<p>If you make 100k/year immediately after graduation, i’m sure you can pay it off in one year. It all depends on how much you’re going to make.</p>

<p>but it’s pretty likely i’m NOT going to be making 100k/year… >_></p>

<p>well, how little can you live on? everything else can go to paying off the loans. if you make 50 and can spend 6 or 7 on rent (roommates, duh) and 20-ish on everything else, you can pay it off in a couple of years.</p>

<p>Good luck making 50 right away unless you’re going into investment banking…</p>

<p>hmm i’ll probably be making like 30k after college lol
a bit less than average salary.</p>

<p>thanks for the responses
more welcome</p>

<p>THe above sounds right. I’d say the range is 15-40gs with most people falling in the mid-low 20’s. </p>

<p>Dependng on what you’re major is you’re likely heading into a median salary between 30-45gs out of school. It can be higher for hard sciences and finance and lower for Non-profit. How far this goes depends on your cost of living . . if you stay in the northeast (particularly in the NY, CT MA area), it doesn’t go far and you will likely be paying off loans for between 10-20 years (10 being very short). That said . . . for most this is doable, not fun, but I don’t know that anyone would say its not worth it . . .</p>

<p>I really doubt many Wes grads are going to come out working full time and making anywhere near 15k a year. 30-50 sounds about right, especially since Wes has a lot of focus on the sciences, majors of which come out making a considerable starting income.</p>