Student Debt and the Class of 2018

New data show that the average student debt for college graduates continues to climb but at a slower pace. This report finds wide variations in debt levels across states as well as colleges. Average student debt at graduation in 2018 ranged from $19,750 in Utah to $38,650 in Connecticut, and new graduates’ likelihood of having debt ranged from 36 percent in Utah to 76 percent in New Hampshire. High-debt states remain concentrated in the Northeast and low-debt states are mainly in the West.