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The average debt level of bachelor’s degree recipients at private colleges and universities has decreased to $19,500—less than the price of a modest automobile—and only $4,600 higher than for a graduate of a public four-year institution.
Average Total Student Loan Debt per Bachelor's Degree Recipient
Source: The College Board,
Trends in Student Aid 2020. Prepared by the Council of Independent Colleges. All totals are expressed in 2019 dollars.
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