Your Financial Future
Higher-education expenses are skyrocketing across the country, and the national four-year graduation rate—41 percent, according to U.S.News and World Report—compounds troubling statistics about student debt.
- 59 percent of full-time undergraduates who began college in fall 2005 aiming to graduate in four years actually ended up doing so in six.1
- an increasing number of college graduates are struggling with payments larger than their monthly incomes.2
Look at it this way: The national average student-loan debt is approximately $29,400. Borrowed at the typical interest rate of 6.8 percent, that debt will cost you more than $17,000 in interest alone. That’s also:
- 1 year’s rent on a typically priced first apartment.
- 25 tablets.
- 44 smartphones.
- 8 bedroom sets.
- 22 refrigerators.
- 4 roundtrip tickets to Bali.
Temple is invested in your future. By signing the Fly in 4 agreement, you’re improving your quality of life.
1. Institution of Education Sciences. Institutional Retention and Graduation Rates for Undergraduate Students (Requires Adobe Acrobat Reader 5.0 or higher to view, download Adobe Acrobat Reader.)
2. U.S. Department of Education. Stats in Brief. October 2013. (Requires Adobe Acrobat Reader 5.0 or higher to view, download Adobe Acrobat Reader.)