For the sixth straight year, the University of New 17ڹϳ ranks among the universities whose students graduate with the lightest debt loads, according to . UNO is the only Louisiana institution to make the list in the category of national universities.
The list examines the debt load of the class of 2015 and includes loans taken out by students from their colleges, from private financial institutions, and federal, state and local governments. Average amount of debt refers to the cumulative amount borrowed by students who incurred debt. For UNO’s class of 2015, that amount was $19,861, putting it among the top 25 national universities with the lowest average debt load. The national university category refers to institutions that offer a full range of undergraduate programs, plus master’s and doctoral programs, and emphasize faculty research. Fifty-five percent of UNO’s class of 2015 graduated with debt.
Princeton University topped the list with the smallest percentage of graduates with debt (16 percent) and the lowest average amount of debt ($8,577).
“This is an important designation for us because it helps illustrate the value of a degree from the University of New 17ڹϳ,” said President John Nicklow. “We offer high quality programs at a cost that does not burden the average student with excessive levels of debt.”
The information is contained in U.S. News & World Report’s 2017 edition of Best Colleges.
% of grads Avg.
with debt amount of debt
Princeton (NJ) 16% $8,577
Texas-Arlington 84% $14,743
Yale (CT) 17% $15,521
BYU (UT) 27% $15,720
Harvard (MA) 24% $16,723
North Carolina St. 56% $17,461
Univ. of California-Berkeley 38% $17,869
Cal State-Fresno 50% $18,385
Florida International 48% $18,918
Univ. of Miami 40% $19,000
Univ. of Utah 39% $19,056
Duke (NC) 35% $19,104
Dartmouth (NH) 43% $19,135
Utah St. 47% $19,172
Univ. of California-Davis 56% $19,588
Univ. of New 17ڹϳ 55% $19,861
San Diego St. 48% $20,100
UNC- Chapel Hill 41% $20,127
Florida Atlantic 53% $20,458
Univ. of California-Irvine 59% $20,628
Cal Tech 39% $20,677
Boston College (MA) 49% $20,849
UC-Santa Barbara 56% $20,978
Maryland-Eastern Shore 73% $21,000
Univ. of Florida 43% $21,028
