The distressing truth is that a lot of college graduates discover that for the first 10-15 years after graduating from college, they are basically bound to their student loan debts. There are numerous reasons for this and college graduates will find out different matters about their student loans once the proper time occurs. Firstly, those availing student loans should understand that a university degree does not ensure a high starting wage. Also, a college degree is no assurance that there will be employers to hire you right after graduation. The reality is that nearly all college graduates take about 6 months to a year or even longer to get a job in their fields of study; and even then the initial salaries are often far lower than expected.