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College grads of 2014 are the most indebted ever

College grads of 2014 are the most indebted ever

COLORADO SPRINGS, Colo. - The college graduating class of 2014 is the most indebted ever, according to the Wall Street Journal.

The newspaper said the average college graduate must pay back $33,000 in student loans, up from last year's average of $30,000.

Paying back student loans is something Nicolette Violante said she'll be thinking about soon. She graduated from Colorado College Monday.

"It is kind of scary that I'll have this price tag following me around for the rest of my life unless I pay it off," she said.

Several CC students said they don't have loans to pay back, thanks to the financial aid they received.

"I have been really privileged because I got a scholarship but I know that that's not the case for a lot of people," Guojon Susana Lee said. "Anytime anyone needs to be in debt because of education it makes me really sad because I feel like everyone should be able to have a good education."

A spokesperson at University of Colorado - Colorado Springs said the average amount in loans their students owe is $12,000. At Pikes Peak Community College it is $9,000.

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