What College has the Highest Rate of Debt?
The winner (or loser) is………Seton Hall University
According to America’s Best Colleges 2008, Seton Hall has the highest amount of students exit college in debt. A whopping 61% of graduating students have to pay back loans. As well, the average loan payback is $37,724! That is about $17,000 higher than the national average.
COLLEGES WITH MOST DEBT
School / percentage of graduates with debt / average amount of debt
Seton Hall University / 61 percent / $37,724
New York University / 61 percent / $34,417
Worcester Polytechnic Institute (Mass.) / 83 percent / $34,409
University of North Dakota / 72 percent / $33,032
Pace University (N.Y.) / 72 percent / $32,980
COLLEGES WITH LEAST DEBT
School / percentage of graduates with debt / average amount of debt
Princeton University / 26 percent / $4,965
California Institute of Technology / 34 percent / $5,156
Harvard University (Mass.) / 42 percent / $9,717
Howard University (D.C.) / 88 percent / $10,868
Utah State University / 25 percent / $11,040



