Monday, September 24, 2018

Average Student Debt for Graduating Seniors

From The Institute for College Access & Success (TICAS):

Nationally, about two in three (65 percent) college seniors who graduated from public and private nonprofit colleges in 2017 had student loan debt, a slight decrease from 2016. These borrowers owed an average of $28,650, which is only [!] 1 percent higher than the 2016 average of $28,350.

State averages for debt at graduation ranged from a low of $18,850 (Utah) to a high of $38,500 (Connecticut), and new graduates’ likelihood of having debt varied from 38 percent (Utah) to 74 percent (New Hampshire). In 18 states, average debt was more than $30,000.

You can read more here.


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