FAMU Grads Have Highest Student Debt In State Of Florida
Florida — FAMU has the worst student debt problem in the entire State University System of Florida. The members of FAMU’s Class of 2009 graduated with an average debt of $27,253.
Statewide, public and private college debt averaged $20,766. The national average was $24,000.
U.S. President Barack Obama invested billions more into federal Pell grants to help students and families weather tuition increases and a tough economy. The program’s total funds have climbed from $16.4 billion in 2008 to $25.3 billion in 2009 to $32 billion in 2010. The money still is not nearly enough, though.
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