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WEB Student Debt 041512

WEB Student Debt 041512

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College students in Utah generally have less debt than counterparts nationwide and in the Pac-12 Conference
College students in Utah generally have less debt than counterparts nationwide and in the Pac-12 Conference

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Published by: The Salt Lake Tribune on Apr 13, 2012
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04/13/2012

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Less red ink, but at what cost?

Utah students less indebted than most
College students are taking on more debt than they used to, but Utah is near the bottom when it comes to student borrowing.

STUDENT DEBT AT UTAH UNIVERSITIES
Westminster Univ. of College Utah Utah Valley U. Dixie State College Utah State U. Brigham Young U. Southern Utah U.

UTAH VS. THE NATION
Average debt, 2010 graduating class
$35,000 30 25
$31,048 $25,250

Average debt, 2010 graduating class $25
$20,002

20 15 10 5 0

$17,343

20

$15,593

$15,564

$15,509

$15,194

$13,354 $11,170

15 10 5 0

Utah

(50th) Portion with debt, Class of 2010

New U.S. Hampshire avg. (1st)

Percent of students with debt, 2010 graduating class
Utah 44% New Hampshire 74%

65%

42%

62%

40%

47%

31%

46%

Utah ranks 47th

New Hampshire ranks 2nd

*Debt-to-degree ratio, 2006-2009 $25 20
$15,245
$22,362
*The volume of debt taken by a school’s students, divided by the number of degrees awarded.

*Debt-to-degree ratio, 2006-2009
$35,000 30 25 20 15
$15,392
$7,175

$25,461

15 10 5 0
$9,515 8,112 $8,699 $5,259 $8,629

10 5 0

Utah (48th)

Vermont (1st)

U.S. avg.

STUDENT DEBT AT SELECTED PAC-12 UNIVERSITIES
USC Univ. of Oregon Univ. of Arizona Univ. of Colorado Arizona State U. UCLA Wash. St. Univ. Univ. of Utah Univ. of California Stanford Univ.

Average debt, 2010 graduating class $35 30 25 20 15 10 5 0 Percent of students with debt, 2010 graduating class
$20,928 $20,074 $19,758 $18,542 $18,203 $17,652 $17,343
$30,090

$16,056

$14,058

44%

56%

44%

43%

46%

45%

50%

42%

41%

35%

*Debt-to-degree ratio, 2006-2009 $25 20 15
$9,928
$18,961

$21,908 $18,823 $15,572 $16,900 $18,354

*The volume of debt taken by a school’s students, divided by the number of degrees awarded.

10 5 0
Sources: Project on Student Debt, Education Sector

$9,515

$9,922 $5,901

The Salt Lake Tribune

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