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