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Wednesday, Oct 26
2011, 11:28 AM
Even as Pres. Obama proposes steps for student loan debt relief, real wages for college...
Even as Pres. Obama proposes steps for student loan debt relief, real wages for college graduates continue to drop, Mike Mandel observes. In Q3 2011, full-time workers with a bachelor’s degree and no advanced degree earned 3.5% less Y/Y in real wages, continuing a long-term trend. And because real wages are declining, it’s much harder for grads to pay back their loans.