A Steep Climb for Indebted College Grads

For most people, taking on debt to pay for college or graduate school is a good long-term investment. College graduates on average earn 61% more than those with just a high school diploma over the course of a 40-year career, according to a 2007 analysis of census data by the College Board. In 2007 the average annual salary for a worker with a bachelor's degree was $57,000, compared to $31,000 for a high school grad.

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