October 18, 2012
Average Student Debt Climbs to $26,600 for Class of 2011
Report, website include state-by-state and campus-by-campus debt levels for 2011 graduates
The Institute for College Access & Success
Two-thirds of college seniors who graduated in 2011 had student loan debt, with an average of $26,600 per borrower. Meanwhile, unemployment for young college graduates remained high at 8.8 percent in 2011. Our new report, Student Debt and the Class of 2011, includes average debt levels for the 50 states and District of Columbia and for more than 1,000 U.S. colleges and universities.