For some that's on the low side
. We also paid for our sons college education both working to do it and was lucky he was responsible when getting additional loans. He paid his off within three years after college. He didn't
get student loans for new SUV's, spring break (every other month, or take the summer off to tour Europe), or pay for nice apartment
. So many are irresponsible use the loans for everything but education needs . Most have no intension of paying it back. They expect mommy, daddy or the government to bail them out. Most are Politically brain washed anyway after college
.