tool name

close
tool goes here

College students graduate with average of $24,000 in loans

College students who graduated with debt in the United States in 2009 left school with an average of $24,000 in student debt, up 6 percent from 2008, according to a report out today from the Project on Student Debt.

Published: 10/22/10 12:12 pm | Updated: 10/22/10 12:10 pm
0 comments

College students who graduated with debt in the United States in 2009 left school with an average of $24,000 in student debt, up 6 percent from 2008, according to a report out today from the Project on Student Debt.

The report followed students from four-year public and not-for-profit colleges and universities.

State averages vary from approximately $13,000 to $30,000, and per-campus averages from $3,000 and $61,500, the report said.

The highest debt was recorded by students graduating in the District of Columbia, where the average debt was $30,033. The lowest was in Utah, at $12,860.

Graduating students in Washington carried an average debt of $19,780, placing the state 40th nationally. Fifty-eight percent of graduating state seniors in the study left school with debt, the report said.

Among state institutions, here’s a look at average debt of 2009 graduates and the proportion of the school’s graduates with debt:

 • University of Washington Seattle: $16,800, 50 percent;

 • University of Washington Tacoma: $17,900, 58 percent;

 • Pacific Lutheran University: $24,639, 72 percent;

 • University of Puget Sound: $29,514, 63 percent;

 • The Evergreen State College: $14,310; 51 percent;

 • St. Martin’s University: $27,807, 79 percent;

 • Gonzaga University: $24,883, 70 percent

The report was compiled by the Institute for College Access and Success, an independent, nonprofit organization based in Oakland, Calif. It is supported, according to its website, by organizations including the Bill and Melinda Gates Foundation and Ford Foundation.

C.R. Roberts: 253-597-8535 c.r.roberts@thenewstribune.com

Similar stories:

  • Obama: Higher education is economic imperative

  • Research shows low college graduation rates in Alaska

  • State’s grad rates better, but still need improving

  • WWU ranks in Kiplinger's top 100 best value public universities for 2012

  • WWU receives record number of freshmen applications for fall 2012 quarter

JOIN THE DISCUSSION | Register here

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.

The News Tribune had 48,272 visitors yesterday

South Sound Rentals .com
VIEW ALL »

Terrace Apartments

Warm & Comfortable Living
The Terrace Apartments offer one and two bedroom apartment homes for pleasant and comfortable living. Only ten minutes from Ft.