"Increasing student debt in a weak economy can be a knock-out blow to many considering college," said Rich Williams, higher education advocate with U.S. Public Interest Research Group, which advocates for students. "As our economy is recovering, lawmakers must send every signal that college is a good investment. "
Among other finding in the TICAS report:
—Private (non-federal) student loans, which generally have weaker borrower protections but have been diminishing as a source of student borrowing, accounted for about one-fifth of the debt owed by the Class of 2011.
—Debt levels vary widely by state, ranging from $17,250 in Utah to $32,450 in New Hampshire.
—Debt at individual schools ranged from $3,000 to $55,250 though not all schools report that data.
—Among colleges, the percentage of graduates with debt ranged from 12 percent to 100 percent. At 64 schools, more than 90 percent of student graduated with debt.
Online: Companion interactive map with details for all 50 states, the District of Columbia, and more than 1,000 public and private nonprofit four-year colleges is available at www.projectonstudentdebt.org/state_by_state-data2012.php
Follow Justin Pope at http://www.twitter.com/JustinPopeAP
- From 0.3 to 81.1: What percentage of each...
- Vietnam says it may have found missing jet's...
- Jet may have turned; suspicious passengers...
- Oil slick not from missing Malaysian plane;...
- Vietnam says cannot find object from missing jet
- Rutgers faculty council pushes for school to...
- Themes of faith, freedom echo at CPAC in...
- FBI to investigate disappearance of a...
- Obama administration allows 2-year... 28
- Disney ending funding to Boy Scouts in... 21
- Early auditions for 2016 Republican... 19
- Half of millennials more likely to lean... 19
- Rutgers faculty council pushes for... 13
- Former IRS official Lois Lerner again... 11
- US announces visa restrictions on Russians 9
- Former Secretary of State Hillary... 6