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Average Student Debt (by Institution)

Figuring out college finances can be an extremely stressful and complex undertaking for college-bound teens and their families. The FAFSA, the CSS Profile, Expected Family Contribution, Pell grants, work-study, need-based aid vs. merit aid, private loans vs Federal Stafford loans—it’s a lot to learn in a short amount of time. Therefore it can be advantageous to get a handle on the future tuition costs before even starting the college search process. One helpful indicator of which colleges meet student’s financial need is the average student loan debt held by graduates at the end of their four-year degree. For reference, 70% of students finish their undergraduate program with an average accrued debt of over $37,000. The institutions on our list whose students have significantly lower average debt are typically more generous with need-based and merit-based aid packages.

The following table indicates the median federal loan debt of an institution’s graduates in 2017, the most recent year for which data was made available. Data was collected from the Integrated Postsecondary Education Data System (IPEDS).

InstitutionGraduate Debt (Mean)
Agnes Scott College$30,850
Albion College$40,347
Alfred University$35,987
Allegheny College$38,893
American University
Amherst College$13,710
Appalachian State University$23,230
Arizona State University$23,731
Auburn University$29,661
Austin College
Babson College
Bard College$27,726
Barnard College$20,829
Bates College$21,525
Baylor University$50,172
Belmont University$30,465
Beloit College$31,675
Bennington College
Bentley University
Birmingham Southern College$28,007
Boston College
Boston University$42,976
Bowdoin College$25,482
Bradley University
Brandeis University$24,764
Brigham Young University$15,701
Brown University$29,620
Bryant University
Bryn Mawr College$25,682
Bucknell University$31,087
Butler University$38,191
California Institute of Technology$16,337
California Poly, San Luis Obispo$22,298
Calvin College$31,478
Canisius College$34,561
Carleton College$21,020
Carnegie Mellon University$27,818
Case Western Reserve University$31,820
Catholic University$46,437
Centre College$26,313
Chapman University$28,374
Christopher Newport University$31,767
Claremont McKenna College$19,355
Clark University$32,318
Clemson University$32,285
Colby College$24,437
Colgate University$24,243
College of Charleston$27,731
College of the Atlantic$24,496
College of the Holy Cross$25,260
College of William and Mary$25,409
Colorado College$23,714
Colorado School of Mines$32,482
Colorado State University$25,391
Columbia University
Connecticut College$33,608
Cooper Union
Cornell College$31,142
Cornell University$29,762
Creighton University$37,973
CUNY, Baruch College$9,182
CUNY, Brooklyn College
CUNY, City College
CUNY, Hunter College
Dartmouth College$18,903
Davidson College$45,442
Denison University$31,551
DePaul University$29,542
DePauw University$25,813
Dickinson College$26,977
Drake University$34,391
Drew University$23,619
Drexel University
Duke University$21,525
Duquesne University$44,228
Earlham College$30,133
East Carolina University$29,646
Eckerd College$37,896
Elon University$30,625
Emerson College
Emory University$29,658
Evergreen State College$19,763
Fairfield University$38,596
Florida Atlantic University$23,454
Florida Institute of Technology$33,511
Florida International University$19,923
Florida State University$22,840
Fordham University$37,429
Franklin & Marshall College$27,149
Furman University$34,072
George Mason University$30,790
George Washington University$35,454
Georgetown College$31,084
Georgetown University$25,726
Georgia College$31,402
Georgia Institute of Technology$32,760
Georgia State University$29,584
Gettysburg College$31,670
Gonzaga University$30,576
Goucher College$28,321
Grinnell College$18,694
Gustavus Adolphus College$34,655
Hamilton College$20,582
Hampshire College$28,150
Harvard University$13,372
Harvey Mudd College$31,594
Haverford College$19,953
High Point University
Hobart and William Smith Colleges$33,205
Hofstra University
Hollins University$33,408
Hood College$35,237
Hope College$35,635
Howard University
Illinois Institute of Technology$32,671
Illinois Wesleyan University$35,077
Indiana University$28,352
Ithaca College$39,913
James Madison University$29,189
Johns Hopkins University
Juniata College$31,156
Kalamazoo College$32,226
Kenyon College$26,271
Kettering University
Knox College$32,212
Lafayette College$26,341
Lake Forest College$33,440
Lawrence University$31,136
Lehigh University$35,109
Lewis & Clark College$32,379
Louisiana State University$26,821
Loyola Marymount University$32,262
Loyola University Chicago$35,509
Loyola University Maryland
Macalester College$24,880
Marist College$39,035
Marlboro College$28,381
Marquette University$37,175
Massachusetts Institute of Technology$22,696
Messiah College$39,104
Miami University$29,434
Michigan State University$31,736
Middlebury College$18,955
Milwaukee School of Engineering$36,656
Mississippi State University$31,438
Morehouse College
Mount Holyoke College$25,538
Muhlenberg College$32,963
New College of Florida$17,466
New Jersey Institute of Technology$42,099
New York University$29,923
North Carolina State University$24,002
Northeastern University
Northwestern University$32,395
Oberlin College$27,523
Occidental College$32,055
Oglethorpe University$32,739
Ohio State University$27,453
Ohio University$28,134
Oregon State University
Penn State University$38,695
Pepperdine University$34,335
Pitzer College$17,848
Pomona College$17,303
Princeton University$9,059
Providence College$39,370
Purdue University$28,440
Quinnipiac University$48,544
Ramapo College of New Jersey$35,272
Reed College$21,697
Rensselaer Polytechnic Institute$34,595
Rhodes College$24,187
Rice University$24,635
Rochester Institute of Technology
Rollins College$31,459
Rutgers University$34,113
Saint Louis University
Saint Mary's College, Notre Dame$37,362
Saint Michael's College$38,040
Samford University$32,146
San Diego State University$21,327
San Francisco State University$6,069
Santa Clara University$25,640
Sarah Lawrence College
Scripps College$17,756
Seattle University$28,851
Seton Hall University
Sewanee: University of the South$28,976
Siena College$35,509
Skidmore College$24,987
Smith College$22,083
Southern Methodist University$38,086
Southwestern University$34,133
Spelman College
St. Lawrence University$36,067
St. Mary's College of Maryland$24,132
St. Olaf College
Stanford University$21,348
Stevens Institute of Technology
Stonehill College$36,535
SUNY, Binghamton University$27,470
SUNY, College of Environmental Science and Forestry$26,679
SUNY, Geneseo$22,854
SUNY, New Paltz$25,800
SUNY, Oswego$28,006
SUNY, Purchase College$23,883
SUNY, Stony Brook University$28,780
SUNY, University at Albany$27,555
SUNY, University at Buffalo$26,062
Susquehanna University$38,468
Swarthmore College$22,060
Syracuse University
Temple University$38,519
Texas A&M University$24,175
Texas Christian University$49,197
Texas Tech University$32,400
The College of New Jersey$37,787
The College of Wooster$28,021
Towson University$27,295
Trinity College$30,893
Trinity University$42,036
Truman State University$24,432
Tufts University$28,014
Tulane University$41,767
Union College$35,388
United States Air Force Academy
United States Coast Guard Academy
United States Merchant Marine Academy
United States Military Academy
United States Naval Academy
University of Alabama$35,005
University of Arizona$24,601
University of California, Berkeley$18,225
University of California, Davis$18,575
University of California, Irvine$19,039
University of California, Los Angeles$22,390
University of California, Riverside$21,126
University of California, San Diego$21,061
University of California, Santa Barbara$20,004
University of California, Santa Cruz$22,092
University of Central Florida$22,722
University of Chicago
University of Cincinnati$28,439
University of Colorado Boulder$23,207
University of Connecticut, Storrs$28,028
University of Dallas$35,993
University of Dayton$37,533
University of Delaware$36,769
University of Denver$27,973
University of Florida$21,800
University of Georgia$22,872
University of Hawaii at Manoa$24,233
University of Houston$24,018
University of Illinois at Chicago
University of Illinois, Urbana Champaign$23,123
University of Iowa$28,691
University of Kansas$28,112
University of Kentucky$32,437
University of Louisville$24,631
University of Maine$33,890
University of Mary Washington$32,820
University of Maryland$28,511
University of Maryland, Baltimore County$26,756
University of Massachusetts Amherst$31,897
University of Miami$22,000
University of Michigan$27,224
University of Minnesota$26,262
University of Minnesota, Morris$25,736
University of Mississippi$31,086
University of Missouri, Columbia$27,636
University of Missouri, Kansas City$22,028
University of Montana$28,157
University of Nebraska-Lincoln$22,676
University of New Hampshire$40,293
University of North Carolina at Asheville$22,545
University of North Carolina at Chapel Hill$22,466
University of North Carolina at Charlotte$28,080
University of North Carolina at Greensboro$27,088
University of North Carolina at Wilmington$26,315
University of North Texas$25,808
University of Notre Dame$27,686
University of Oklahoma$30,641
University of Oregon$25,729
University of Pennsylvania$22,103
University of Pittsburgh$39,462
University of Portland$29,186
University of Puget Sound$32,999
University of Redlands
University of Rhode Island$34,050
University of Richmond$27,406
University of Rochester
University of San Diego$31,264
University of San Francisco$33,475
University of Scranton$41,395
University of South Carolina$28,169
University of South Florida$21,623
University of Southern California$28,228
University of St. Thomas (MN)
University of Tennessee$25,371
University of Texas at Austin$24,244
University of Texas at Dallas$23,884
University of Tulsa
University of Utah$21,792
University of Vermont$32,950
University of Virginia$24,682
University of Washington$20,094
University of Wisconsin$28,229
Ursinus College
Vanderbilt University$22,854
Vassar College$21,473
Villanova University$35,552
Virginia Tech
Wabash College$34,723
Wake Forest University$36,863
Washington & Jefferson College$45,306
Washington and Lee University$21,758
Washington State University$27,094
Washington University$22,555
Wellesley College$16,122
Wentworth Institute of Technology$41,429
Wesleyan University$23,454
West Chester University of Pennsylvania$35,464
Westmont College$35,362
Wheaton College (IL)$27,661
Wheaton College (MA)$34,830
Whitman College$25,356
Whittier College$32,167
Williams College$15,496
Wittenberg University$37,154
Wofford College
Worcester Polytechnic Institute$28,069
Xavier University$10,934
Yale University$14,575
Yeshiva University$24,836
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