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Again, effectively nobody is taking out... by FL_Irish

...debt anywhere even close to $400K for an undergraduate education. The average debt at graduation for those graduating college with loans is like $30K. The percentage of borrowers with even $100K in student loans is small, and heavily concentrated among those who have gone to law school and medical school.

One can think that private universities should not have sticker prices of $80K without pretending that it means that students graduating from college with $400K in debt is anything other than an extreme, exteme outlier.