Post-grad IOU: A lot of people leave college and grad...

File Cabinet

November 23, 1997

Post-grad IOU: A lot of people leave college and grad school with some big promissory notes attached to their diplomas. Nolo Press, a publisher of self-help law materials, says nearly 45 percent of undergraduates use student loans to finance at least part of their education, and the average undergrad leaves school owing about $11,000.

Post-showroom costs: If you're thinking of plunking down a lot of money for a big or expensive car, you'd better be prepared to be doing a lot more plunking long after you drive that baby out of the showroom. Runzheimer International, a management consulting firm, studied the costs of owning and operating cars and found the tab for the 1998 Lincoln Town Car and Cadillac Deville was twice as high as for the 1998 Chevrolet Metro and the Saturn.

Pub Date: 11/23/97

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