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.
October 18, 2016