Seven in 10 seniors (68%) who graduated from public and nonprofit colleges in 2015 had student loan debt, with an average of $30,100 per borrower. This represents a 4% increase from the average debt of 2014 graduates.
Debt at graduation varies greatly by state and by college, and this report includes national, state, and college data on student debt from federal and private loans. It also includes policy recommendations for reducing the burden of student debt.
Federal Student Loan Terms for 2017-18 summarizes loan limits, interest rates, and other terms for federal student loans from July 1, 2017 through June 30, 2018. Click here to view in HTML.
The Top 10 Student Loan Tips for Recent Graduates provides useful information new graduates should know about repaying student loans.