Students must be able to afford college without risky levels or types of debt, to enroll and complete a degree. Since 2005, our Project on Student Debt has worked to reduce the burden of student loan debt and increase public understanding of debt and its implications for families, the economy, and society.

Student Debt and the Class of 2018

New data show that the average student debt for college graduates continues to climb but at a slower pace. Nationally, about two in three (65 percent) college seniors who graduated from public and private nonprofit colleges in 2018 had student loan debt. These borrowers owed an average of $29,200, 2 percent higher than the 2017 average.

TICAS’ 14th annual report on debt at graduation finds wide variations in debt levels across states as well as colleges. Average student debt at graduation in 2018 ranged from $19,750 in Utah to $38,650 in Connecticut, and new graduates’ likelihood of having debt ranged from 36 percent in Utah to 76 percent in New Hampshire. High-debt states remain concentrated in the Northeast and low-debt states are mainly in the West.


Reports

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Casualties of College Debt: What Data Show and Experts Say About Who Defaults and Why

Casualties of College Debt: What Data Show and Experts Say About Who Defaults and Why

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The Self-Defeating Consequences of Student Loan Default

The Self-Defeating Consequences of Student Loan Default

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Press Releases & Statements

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New Report Documents Who Defaults and Why, Underscores Need for Reform

New Report Documents Who Defaults and Why, Underscores Need for Reform

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New Analysis Finds Unequal Debt Burdens among University of California Undergraduates

New Analysis Finds Unequal Debt Burdens among University of California Undergraduates

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Fact Sheets

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Quick Facts About Student Debt

Quick Facts About Student Debt

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Private Loans Facts and Trends

Private Loans Facts and Trends

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Blog Posts

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A Popular Student Loan Fix Has Been Stalled for Years. It’s Time to Act.

A Popular Student Loan Fix Has Been Stalled for Years. It’s Time to Act.

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Plans to Streamline Income-Driven Repayment Show Both Overlap and Divergence

Plans to Streamline Income-Driven Repayment Show Both Overlap and Divergence

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