36% of college grads with student loans say the debt wasn’t worth it—here’s what experts say
Author: Ray Schroeder
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Megan Leonhardt, CNBC
Almost half of young adults have student loan debt. And 36% of college graduates paying off student loans say now that taking on that debt wasn’t worth it, according to a new report by Merrill Lynch and Age Wave, which surveyed over 2,700 early adults (defined here as those ages 18 to 34). A smaller poll by GoBankingRates recently arrived at similar conclusions: It found that, while a vast majority of Americans with college degrees don’t regret college itself, many do say the student debt they incurred wasn’t worth it.