Thursday, November 21, 2019

These are the colleges in each state with the least debt

These are the colleges in each state with the least debtThese are the colleges in each state with the least debtStudent debt is a huge problem in America, and its one that no one seems to know how to fix.However, there are those colleges that dont load you up to your eyebrows with debt upon graduating.Weve already covered thestates with the highest and lowest zentralwert debt for graduates. Now were looking at the colleges in each state whose graduates have the least debt.Some hintergrundAmericans owe over $1.48 trillion in student loan debt, spread out across 44 million borrowersThats $620 billion more than the U.S. credit card debtThe average student loan debt for the Class of 2017 was $39,400, up six percent from the year beforeMedian monthly student loan payment for borrower aged 20 to 30 years $203Click to enlargeSo respect to these schools for fighting the good fight.These are the states with the 10 schools with the least debt for gradsSouth Carolina Medical University of South CarolinaNew Jersey Beth Medrash GovohaKentucky Berea CollegeTexas Parker UniversityMassachusetts Harvard UniversityNew York United States Merchant Marine AcademyMissouri Logan UniversityIowa Palmer College ofChiropracticNorth Carolina Duke UniversityVirginia University ofManagementand TechnologySummary of findingsMedical University of South Carolina shows its students the most leniency with costs graduates from the school have a median debt of just $4,000Harvard leaves its grads with the least debt out of all schools in Massachusetts median debt for grads is $6,500Duke is the same for North Carolina $7,500 median debt for their gradsOnly one of the schools on the list topped the $20k mark grads the University of Sioux Falls inSouth Dakotahave a median debt of $22,750How we did itWe used the Department of Educations College Scorecard data for this research.For each state, we focused on the variable GRAD_DEBT_MDN.This figure represents the median debt for students who completed t heir studies at the school.Additionally, we focused on predominantly bachelors degree-granting institutions.We sorted each state by this variable to find the school that leaves their grads with the least debt.Now to find the school in your state that leaves grads with the least debt, check out this table.Click to enlargeThis article first appeared on Zippia.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.