
John Pryor
Thoughts in Progress
Average Student Debt is now $28,350
The Institute for College Access & Success (TICAS) released their annual report today on student debt, with the finding that the average loan amount upon graduation from a four-year college in 2017, for students with loans (65% of all graduates), was $28,350. Although from 1996 to 2012 we saw the average debt rise about 4% a year, this has slowed to where there was only a 1% increase from 2016 to 2017.