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Thirty percent of students who graduated with a bachelor’s degree from a four-year private college or university did not have any educational debt. For those with debt, the difference between the average debt levels for graduates of public versus private institutions is only $4,100.
Distribution of Total Undergraduate Debt
Source: U.S. Department of Education, National Center for Education Statistics, National Postsecondary Student Aid Study, 2015-2016 (NPSAS:16). Analysis by the Council of Independent Colleges.
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