Monday, December 21, 2009

Unemployment and debt among young people

I found an interesting organization called The Project on Student Debt. According to them the unemployment rate in 2009 among recent graduates (ages 20-24) is about 10.6% right now.

Check out this clickable United States map to find out the average debt for recent graduates in your state. There's a good chance that at least 50% of the recent graduates in your state are in debt! Holy smokes! The 5 states with the highest proportion of student debt in 2008 are the District of Columbia, Iowa, Connecticut, New York, and New Hampshire. Utah is the state with the lowest debt level in 2008.

1 comment:

  1. I'm one of them, although I am a bit older than that bracket. Unemployed after graduate school with tons of debt.