Debt, Job Market Make Financial Challenge After Graduation

Ann McClure's picture

Aviation students know what to expect their first year after UND.

With students carrying upwards of $40,000 in loans, and starting salaries typically at $25,000, aviation faculty make sure students — particularly prospective ones — realize this financial situation ahead of graduation, said Ken Polovitz, assistant dean of the aviation department.

“The aviation industry, especially the flight side of it, is a major investment up front and the payback initially isn’t very good,” he said. “That’s just the reality of the profession.”

As the economy continues to recover, graduates face a different set of challenges now than they did a decade ago. University officials say it’s more important than ever for students to be realistic about their finances and gain real-world experience while getting an education.

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