CFED Assets & Opportunity Scorecard
|Average College Graduate Debt|
Many students rely on thousands of dollars in student loans to afford postsecondary education, and these loans can be a challenge to pay back. According to the Project on Student Debt, average student debt rose by eight percent between 2011 and 2012, while the annual unemployment rate for recent college graduates remained above pre-recession levels. As the debt of college graduates continues to trend upwards, the high student loan debt burden may limit the ability of some to invest in future assets, such as a home.
This measure provides data on graduates from four-year public and private nonprofit institutions. Students at for-profit colleges are excluded in this measure, as many of these institutions do not report student debt data. National surveys by the U.S. Department of Education indicate that students at for-profit colleges often take on more debt than students at nonprofit institutions.
Average College Graduate Debt, 2012
Average student loan debt of graduating students of four-year institutions, 2012.
Student Debt and the Class of 2012. Oakland, CA: Institute for College Access & Success, Project on Student Debt, 2013.
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