Wednesday, September 26, 2007

Student debt for colleges around the country

The project on student debt has released their state by state data regarding the student debt level at colleges around the country. The site lists the average debt of students graduating from college in 2006 for each state in the US. More importantly, you can look at debt information about specific colleges under each state. The information available includes the average debt of graduates from 2006 and 2005, the proportion of students with debt in 2006 and 2005, full time enrollment, the instate tuition costs and the percent of students receiving Pell grants.

To get to the particular college information just click on the state in which the college of interest is located. Knowing the average amount of student debt for each college of interest should be a critical piece of the puzzle in deciding which colleges you wish to apply to and ultimately attend. The information presented also will reinforce what I have often said. The stated cost of a college is not a number that most people should be concerned with. You want to know how much a college is going to cost you. The data available in this website provides some of that information.

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