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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 2016 graduates. Data was collected from the U.S. Department of Education. 

Institution Graduate Debt
(Mean)
Agnes Scott College $32,276
Albion College $44,140
Alfred University $35,987
Allegheny College $34,296
Alma College $32,264
American University $29,589
Amherst College $19,075
Appalachian State University $22,855
Arizona State University $23,237
Auburn University $29,295
Augustana College (IL) $34,964
Austin College $32,000
Babson College $36,556
Bard College $26,904
Barnard College $23,276
Bates College $20,715
Baylor University $44,859
Belmont University $29,207
Beloit College $27,507
Bennington College $28,263
Bentley University $31,046
Berea College $7,062
Berry College $26,449
Birmingham Southern College $30,084
Boston College $20,849
Boston University $40,089
Bowdoin College $23,174
Bradley University $25,725
Brandeis University $33,522
Brigham Young University $14,998
Brown University $25,471
Bryant University $39,283
Bryn Mawr College $25,448
Bucknell University $33,000
Butler University $40,393
California Institute of Technology $18,219
California Poly, San Luis Obispo $21,852
Calvin College $31,236
Canisius College $33,694
Carleton College $21,035
Carnegie Mellon University $31,077
Case Western Reserve University $32,377
Catholic University $36,543
Centre College $24,917
Champlain College $34,582
Chapman University $25,959
Chapman University $25,959
Christopher Newport University $32,994
Claremont McKenna College $21,421
Clark University $34,305
Clemson University $30,136
Coe College $35,782
Colby College $32,913
Colgate University $21,427
College of Charleston $27,256
College of the Atlantic $24,228
College of the Holy Cross $26,258
College of the Ozarks $5,339
College of William and Mary $24,072
Colorado College $25,470
Colorado School of Mines $32,221
Colorado State University $26,348
Columbia University $27,000
Connecticut College $31,884
Cooper Union $18,303
Cornell College $34,100
Cornell University $25,542
Creighton University $35,766
CUNY Baruch College $5,642
CUNY, Brooklyn College $15,235
CUNY, City College $16,942
CUNY, Hunter College $13,000
Dartmouth College $19,571
Davidson College $20,431
Denison University $28,833
DePaul University $30,115
DePauw University $23,635
Dickinson College $25,881
Drake University $34,600
Drew University $24,058
Drexel University $30,500
Duke University $23,819
Duquesne University $43,637
Earlham College $27,830
East Carolina University $28,918
Eckerd College $33,484
Elizabethtown College $28,106
Elon University $30,458
Embry-Riddle Aeronautical University $28,411
Emerson College $23,225
Emory University $28,262
Evergreen State College $21,147
Fairfield University $32,186
Florida Atlantic University $22,818
Florida Gulf Coast University $24,879
Florida Institute of Technology $36,678
Florida International University $20,022
Florida Southern College $26,637
Florida State University $23,679
Fordham University $35,735
Franklin & Marshall College $27,011
Furman University $32,919
George Mason University $30,755
George Washington University $32,482
Georgetown College $31,267
Georgetown University $23,387
Georgia College and State University $29,138
Georgia Institute of Technology $32,398
Georgia State University $30,167
Gettysburg College $31,323
Gonzaga University $30,700
Goucher College $33,702
Grinnell College $19,392
Gustavus Adolphus College $34,773
Hamilton College $19,281
Hampshire College $21,758
Harvard University $15,114
Harvey Mudd College $25,041
Haverford College $21,535
Hendrix College $27,786
High Point University $35,897
Hiram College $17,125
Hobart and William Smith Colleges $33,879
Hofstra University $31,500
Hollins University $31,211
Hood College $35,823
Hope College $33,033
Howard University $26,181
Illinois Institute of Technology $32,671
Illinois Wesleyan University $36,036
Indiana University $28,792
Ithaca College $42,016
James Madison University $27,656
Johns Hopkins University $24,702
Juniata College $38,478
Kalamazoo College $31,789
Kenyon College $22,025
Kettering University $33,900
Knox College $31,235
Lafayette College $32,974
Lake Forest College $34,000
Lawrence University $32,488
Lehigh University $35,440
Lewis & Clark College $27,591
Louisiana State University $24,933
Loyola Marymount University $32,560
Loyola University Chicago $34,973
Loyola University Maryland $33,969
Macalester College $24,381
Marietta College $40,196
Marist College $39,584
Marlboro College $31,747
Marquette University $37,713
Massachusetts Institute of Technology $24,954
McDaniel College $35,397
Messiah College $37,399
Miami University $29,434
Michigan State University $32,310
Middlebury College $19,382
Millsaps College $31,419
Milwaukee School of Engineering $38,421
Mississippi State University $30,721
Morehouse College $31,833
Mount Holyoke College $23,827
Muhlenberg College $32,241
New College of Florida $16,297
New Jersey Institute of Technology $40,979
New York University $31,210
North Carolina State University $24,053
Northeastern University $35,501
Northwestern University $19,718
Oberlin College $29,781
Occidental College $32,008
Oglethorpe University $26,660
Ohio State University $28,158
Ohio University $27,993
Oregon State University $26,749
Penn State University $37,307
Pepperdine University $31,410
Pitzer College $21,569
Pomona College $17,408
Princeton University $9,005
Principia College $21,260
Providence College $41,383
Purdue University $27,617
Quinnipiac University $48,894
Ramapo College of New Jersey $10,082
Reed College $19,627
Rensselaer Polytechnic Institute $35,625
Rhodes College $27,576
Rice University $26,556
Ripon College $31,216
Roanoke College $39,175
Rochester Institute of Technology $38,198
Rockhurst University $23,753
Rollins College $32,700
Rutgers University $25,974
Saint John's University (MN) $40,272
Saint Joseph's University $30,250
Saint Louis University $33,299
Saint Mary's College, Notre Dame $33,698
Saint Michael's College $38,226
Samford University $29,292
San Diego State University $19,633
San Francisco State University $19,347
Santa Clara University $27,385
Sarah Lawrence College $28,808
Scripps College $19,639
Seattle University $27,163
Seton Hall University $29,108
Sewanee: University of the South $26,772
Siena College $35,827
Simmons College $32,250
Skidmore College $21,479
Smith College $24,501
Southern Methodist University $32,468
Southwestern University $34,788
Spelman College $32,427
St. Edward's University $37,377
St. John's College, Annapolis $16,705
St. John's College, Santa Fe $18,434
St. Lawrence University $32,657
St. Mary's College of Maryland $21,911
St. Olaf College $27,002
Stanford University $20,205
Stevens Institute of Technology $51,244
Stonehill College $36,502
SUNY Binghamton University $27,022
SUNY Stony Brook $26,219
SUNY University at Buffalo $26,046
SUNY, College of Environmental Science and Forestry $24,269
SUNY, Geneseo $25,148
SUNY, Maritime College $33,500
SUNY, New Paltz $26,385
SUNY, Oneonta $27,045
SUNY, Oswego $28,676
SUNY, Purchase College $31,188
SUNY, University at Albany $21,217
Susquehanna University $36,882
Swarthmore College $20,209
Syracuse University $37,753
Temple University $38,108
Texas A&M University $23,505
Texas Christian University $42,212
Texas Tech University $30,759
The College of New Jersey $35,798
The College of Wooster $30,053
Thomas Aquinas College $16,901
Towson University $26,460
Trinity College $25,958
Trinity University $40,800
Truman State University $24,811
Tufts University $27,367
Tulane University $33,717
Union College $34,221
University of Alabama $34,305
University of Arizona $23,956
University of California, Berkeley $18,197
University of California, Davis $19,124
University of California, Irvine $19,745
University of California, Los Angeles $22,013
University of California, Riverside $21,104
University of California, San Diego $21,430
University of California, Santa Barbara $20,665
University of California, Santa Cruz $22,804
University of Central Florida $21,818
University of Chicago $23,852
University of Cincinnati $28,970
University of Colorado Boulder $29,680
University of Connecticut, Storrs $28,222
University of Dallas $35,161
University of Dayton $35,689
University of Delaware $34,144
University of Denver $31,526
University of Evansville $35,346
University of Florida $22,192
University of Georgia $23,403
University of Hawaii at Manoa $24,233
University of Houston $23,746
University of Illinois at Chicago $23,076
University of Illinois, Urbana Champaign $25,550
University of Iowa $28,405
University of Kansas $28,462
University of Kentucky $42,090
University of Louisville $23,556
University of Maine $34,741
University of Mary Washington $29,964
University of Maryland $28,122
University of Maryland, Baltimore County $27,089
University of Massachusetts Amherst $31,860
University of Miami $25,000
University of Michigan $25,712
University of Minnesota $26,568
University of Minnesota, Morris $24,189
University of Mississippi $30,731
University of Missouri, Columbia $26,685
University of Missouri, Kansas City $25,438
University of Montana $30,000
University of Nebraska-Lincoln $22,918
University of New Hampshire $33,013
University of North Carolina at Asheville $23,824
University of North Carolina at Chapel Hill $22,214
University of North Carolina at Charlotte $28,007
University of North Carolina at Greensboro $26,841
University of North Carolina at Wilmington $24,605
University of North Texas $25,203
University of Notre Dame $29,254
University of Oklahoma $29,283
University of Oregon $26,164
University of Pennsylvania $23,224
University of Pittsburgh $38,322
University of Portland $31,730
University of Puget Sound $34,791
University of Redlands $32,662
University of Rhode Island $33,335
University of Richmond $27,125
University of Rochester $30,742
University of San Diego $30,854
University of San Francisco $48,201
University of Scranton $43,530
University of South Carolina $28,972
University of South Florida $21,860
University of Southern California $29,080
University of St. Thomas (MN) $40,307
University of Tennessee $21,872
University of Texas at Austin $24,883
University of Texas at Dallas $23,565
University of Tulsa $37,136
University of Utah $21,188
University of Vermont $28,894
University of Virginia $24,501
University of Washington $19,880
University of Wisconsin $27,979
Ursinus College $38,537
Vanderbilt University $23,973
Vassar College $19,439
Villanova University $34,752
Virginia Tech $30,221
Wabash College $35,726
Wake Forest University $35,434
Warren Wilson College $25,740
Washington & Jefferson College $33,100
Washington and Lee University $43,766
Washington State University $26,807
Washington University $22,592
Wellesley College $18,370
Wentworth Institute of Technology $59,419
Wesleyan University $22,930
West Chester University of Pennsylvania $34,160
Westmont College $31,609
Wheaton College (IL) $27,543
Wheaton College (MA) $35,058
Whitman College $23,254
Whittier College $31,826
Williams College $16,230
Wittenberg University $35,242
Wofford College $31,102
Worcester Polytechnic Institute $33,500
Xavier University $10,217
Yale University $13,050
Yeshiva University $24,101
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