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slides: See How Worcester Colleges and Universities Rank for Student Debt

Wednesday, December 11, 2013

 

The Project on Student Debt recently released its "Student Debt and the Class of 2012" report, which showed that Massachusetts ranked #12 for the state with the highest average student debt.

The report further broke down information by schools that reported yearly data themselves, and included such information as tuition and enrollment, as well as the percentage of students receiving Pell Grants as well as non-federal grants.  (Not all schools self-reported the data and those did not are not listed on the slideshow).

See how colleges and universities fared in Worcester BELOW.  

 

Related Slideshow: Central MA Colleges & Universities with the Highest Student Debt

Seven in 10 college seniors (71%) who graduated last year had student loan debt, with an average of $29,400 per borrower, according to a new report released by the Institute for College Access and Success.

According to the Institute’s Project on Student Debt, the average student debt in Massachusetts is $28,460, but what about the state's individual institutions? Check out the slides below to see the average debt graduates are accruing at colleges and universities in Central Massachusetts. (Not all schools self-reported student debt; if not, they are not in the slideshow). 

Note: All data is based on four-year or above institutions for students graduating in the 2011-2012 academic year. Worcester Polytechnic and University of Massachusetts Medical School are not included in the data below, because they did not report the average debt of their graduates.

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#7 Worcester State Univ.

Average Student Debt: $20,449

Percent of Graduates with Debt: 74%

Non-Federal Debt, Percent of Total Debt of Graduates: 20%

Bachelor's Degree Recipients: 861

Full-time Enrollment Fall 2011: 3,901

In-State Tuition and Fees: $7,653

Total Cost of Attendance: $21,585

Percent Pell Grant Recipients: 21%

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#6 Clark University

Average Student Debt: $25,175

Percent of Graduates with Debt: 91%

Non-Federal Debt, Percent of Total Debt of Graduates: 15%

Bachelor's Degree Recipients: 539

Full-time Enrollment Fall 2011: 2,218

In-State Tuition and Fees: $37,350

Total Cost of Attendance: $46,200

Percent Pell Grant Recipients: 20%

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#5 Holy Cross

Average Student Debt: $26,567

Percent of Graduates with Debt: 55%

Non-Federal Debt, Percent of Total Debt of Graduates: 16%

Bachelor's Degree Recipients: 692

Full-time Enrollment Fall 2011: 2,872

In-State Tuition and Fees: $41,488

Total Cost of Attendance: $54,358

Percent Pell Grant Recipients: 16%

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#4 Nichols College

Average Student Debt: $30,890

Percent of Graduates with Debt: 89%

Non-Federal Debt, Percent of Total Debt of Graduates: 29%

Bachelor's Degree Recipients: 278

Full-time Enrollment Fall 2011: 1,116

In-State Tuition and Fees: $30,400

Total Cost of Attendance: $43,315

Percent Pell Grant Recipients: 34%

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#3 Assumption College

Average Student Debt: $34,579

Percent of Graduates with Debt: 81%

Non-Federal Debt, Percent of Total Debt of Graduates: 29%

Bachelor's Degree Recipients: 485

Full-time Enrollment Fall 2011: 2,090

In-State Tuition and Fees: $32,545

Total Cost of Attendance: $45,830

Percent Pell Grant Recipients: 18%

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#2 Becker College

Average Student Debt: $44,596

Percent of Graduates with Debt: 95%

Non-Federal Debt, Percent of Total Debt of Graduates: 33%

Bachelor's Degree Recipients: 239

Full-time Enrollment Fall 2011: 1,400

In-State Tuition and Fees: $28,490

Total Cost of Attendance: $42,710

Percent Pell Grant Recipients: 48%

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#1 Anna Maria College

Average Student Debt: $49,206

Percent of Graduates with Debt: 86%

Non-Federal Debt, Percent of Total Debt of Graduates: 39%

Bachelor's Degree Recipients: 165

Full-time Enrollment Fall 2011: 803

In-State Tuition and Fees: $29,860

Total Cost of Attendance: $42,930

Percent Pell Grant Recipients: 38%

 
 

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