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



  • Leave a Response