Adam Goodman Interviewed in Investment Executive
February 22, 2010
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I was recently interviewed in the Investment Executive. The article discusses a recent study from StatsCan showing that students are facing larger student debts – it’s a worthwhile read, so go check it out!
From the article…
A recent Statistics Canada report reveals 57% of the graduating class of 2005 had student loans, up from 49% a decade earlier. Average student debt upon graduation rose to $18,800 from $15,200, and the proportion of borrowers who graduated with debt loads of at least $25,000 increased to 27% from 17%.
Furthermore, the StatsCan study shows a substantial gap in wealth levels between those who borrowed and those who didn’t. In 2005, the average amount of assets of post-secondary graduates aged 20 to 29 who had borrowed money was $60,700, compared with $106,300 for those who hadn’t taken out loans
Do you know anyone with student debt? What are your thoughts on the rising amount of debt students are facing? Comment below!
Have you bought your copy of Following The Goods? Buy it today!
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Adam Goodman is the author of Following The Goods Financial Management for the Young and Ambitious. Throughout his life, Adam never took ownership of his financial knowledge and no one ever sat down with him to explain what it meant to plan for his financial future. Luckily, while at business school, Adam finally learned how to be smart about financial management and he is here to share what he has learned along his journey with you.
Adam's past experience includes owning and operating his own consulting firm, as well as working as a Consultant with Deloitte & Touche. Adam is currently in a sales and marketing role in the telecom industry.
