Less Debt for Graduates of California Colleges

Less Debt for Graduates of California Colleges

debt

Oakland

A new study completed by the Institute for College Access & Success based in Oakland recently revealed that graduates of California colleges and universities finish school with some of the lowest average debt loads in the nation. 

According to the report, this is primarily the result of liberal financial aid and the relatively low costs associated with attending schools in the California State University system. 

Nationally, 68 percent of those who graduated college or university in 2015, incurred education debt—their average amount of debt was $30,100; by comparison, California graduates had loan totals that averaged $22,191. Only Utah and New Mexico had lower statewide totals at $18,873 and $20,193 respectfully.

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