Hopefully, recent college graduated who paid their way through school using student loans are rich in knowledge.

A new survey reveals that they don’t seem to be rich in much else.

College graduates who are under 40 years of age and who have accumulated student debt have a median net worth of just $8,700, according to a new study from the Pew Research Center.

That meager average net worth compares to a median net worth of $64,700 for college grads in the same age cohort who did not take out student loans, reports the Los Angeles Times.

How much is $8,700 these days? It’s not much. That amount of money will buy you a silver four-door 2003 Toyota Avalon XL with just fewer than 93,000 miles, for example.

Indebted twentysomething and thirtysomething Americans are also weighed down by other types of debt resulting from credit-card borrowing and auto loans in addition to their student-loan burden.

The massive debt frequently makes it difficult to save money for mortgage down payments, or obtain mortgage financing or begin to save for retirement.

When all debts are accounted for, the median debt for college graduates under 40 is $137,010, notes the Times. (It’s not clear if this amount also includes mortgage debt, which tends to be substantial.)

The total median debt level for college graduates who did not take out student loans is much lower: $73,250.

Median student debt for all Americans is just $13,000.