ThereвЂ™s a good basis for this. Student education loans are a crucial consideration when you’re interested in just how to pay money for college. The total amount of student loan financial obligation in the us hit $1.5 trillion during the early 2018. 1 ThatвЂ™s almost 10% of this Gross Domestic Product in the U.S. 2 those types of who sign up for student education loans, the student that is average debtor has $37,172 in loans at graduation. 3 College can price between $10,000 and $40,000 (or higher) every year. 4 Multiply $40,000 by four years and youвЂ™re looking at a bill of $160,000 at graduation.