Student Debt and the Class of 2019

October 6, 2020

More than six in ten (62%) college seniors who graduated from public and private nonprofit colleges in 2019 had student loan debt and they owed an average of $28,950. This is a lower share of students than the Class of 2018 (65%), and a very slight decline (less than 1%) in total debt from the 2018 average of $29,200.