Ever wonder how much debt you can expect to be in upon graduation? Well, the schools publish this data. However, you should keep in mind that just because a school has a low average total indebtedness of graduates doesn’t necessarily mean that you are likely to get more financial aid. It could just be the case that their students are less inclined to borrow because they come from wealthier families (such as Princeton, number 1). On the other hand, when taken in conjunction with some other variables, we can get a good picture of how much debt you can expect to graduate with.

Below are the top 20 schools with the lowest average total indebtedness of the 2006 graduating class (most recent Common Data Set information available):

School Name Average Total Indebtedness (2006)
1) Princeton University $4,965
2) California Institute of Technology $5,156
3) Harvard University $9,717
4) University of California–Irvine $12,074
5) Yale University $13,344
6) University of Georgia $13,478
7) Brigham Young University–Provo $13,714
8) University of California–Davis $13,835
9) Tufts University $14,200
10) University of California–Santa Cruz $14,381
11) University of North Carolina–Chapel Hill $14,487
12) North Carolina State University–Raleigh $14,719
13) University of California–Berkeley $14,751
14) College of William and Mary $14,770
15) SUNY–Stony Brook $14,799
16) University of Florida $15,045
17) SUNY–Binghamton $15,167
18) University of California–San Diego $15,170
19) University of Pittsburgh $15,331
20) University of Illinois–Urbana-Champaign $15,413

Categories: Financial Aid | Student Loans
Tags: college debt lowest college debt student loan debt

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