Nearly half of those pondering religious life in the US have to pay off student debt first

(Catholic Herald) For some aspiring priests and religious, the biggest obstacle to pursuing their vocation is student debt.

Because many religious orders do not accept members with outstanding debts, 42 per cent of individuals discerning religious life in the US are barred from formation because of their student loans, according to the Laboure Society, a non-profit group that helps people in this situation raise funds to pay off their loans.

According to studies by the Center for Applied Research in the Apostolate at Georgetown University, one in three people seeking to enter religious life carries student debt, which on average amounts to about $28,000. [More]


Catholic Herald