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Undergraduate Education Debt Institution Level & Control Percent Borrowing Cumulative Debt Overall Total (4, 2 and < 2 year) 58.8% $18,625 Public 49.4% $16,369 Private Non-Profit 69.7% $26,683 Private For-Profit 93.1% $17,162 4-year Total 66.5% $22,656 4-year Public 61.1% $19,839 4-year Private Non-Profit 70.6% $27,349 4-year Private For-Profit 97.0% $24,635 2-year Total 44.8% $12,307 2-year Public 37.2% $10,444 2-year Private Non-Profit 64.0% $14,790 2-year Private For-Profit 97.6% $17,310 < 2-year Total 74.7% $10,172 < 2-year Public 36.1% $10,321 < 2-year Private Non-Profit 45.0% $10,990 < 2-year Private For-Profit 86.0% $10,123
Wiki User
∙ 14y ago
The average debt load after graduation in the United States is around $30,000 per student. This debt typically comes from student loans, which can vary based on factors such as the type of institution attended, financial aid received, and individual financial decisions made by the student. It's important for students to be aware of their borrowing and repayment options to manage their debt effectively after graduation.
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