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Average Student Debt

The average debt level of bachelor’s degree recipients at independent colleges and universities is $19,500—less than the price of a modest automobile. Since 2006–2007, average student loan debt for graduates of independent colleges has increased by only 3 percent. The average indebtedness of graduates of public institutions has increased by 20 percent during the same period.
Source: The College Board, 2013, Trends in Student Aid 2013.
 

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