None.
10chars
None
0 - 10K
10K - 20K
20K - 30K
30K - 40K
40K - 50K
50K+
None.
10chars
No, that's the wrong kind of mindset. Maybe you made it up the ladder, but there's countless others who can't. And you end up losing smart people who would be great for the job just because you don't help them raise themselves out of poverty. People end up being screwed for at least decades because of the dumb system currently in place.
We live in a society, we're not some lonely wolves walking past one another. Society must work together to progress or it will falter. Imagine if all those people who had great ideas had not had access to education, and here I'm talking about those in modest or poor families, where would we be now? Clearly not as advanced as we are.
I'll have somewhere around $40-50k when I"m done. Tuition is about $40k a year, and scholarships and grants cut down on that a lot, but I'll still have a pretty big debt, especially compared to students outside the US.
Well, first: None. I paid it off. I had ~30k, didn't take terribly long to get rid of, but was a PITA.
As for wondering "how much debt we are actually talking about": (in 2012, latest I could find)
$1.23 trillion in total U.S. student loan debt.
71 percent of students graduating from four-year colleges had student loan debt.
Average debt per student who had any debt at all: $29,400.
http://ticas.org/sites/default/files...nd_Sources.pdf