Princeton University sophomore Ben Levenson still has two years before he gets his degree. But he knows what is waiting after graduation: $50,000 of debt.
Levenson, who wants to be a teacher, said his parents told him he will be responsible for the $50,000 in loans he estimates he will need to cover tuition and expenses at the Ivy League school.
“It’s kind of imprisoning when I think about it,” said Levenson, 20, of Morristown. “I don’t have any money, and I owe money to someone.”
For a growing number of New Jersey students, graduating from a four-year college means accumulating tens of thousands of dollars of debt, according to a Star-Ledger survey of nearly two dozen local campuses.
Read more at The Star-Ledger.