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. 17% of the class of 2018’s student loan debt was in non-federal loans. As of June 2018, Forbes reported that total US student debt was $1.52 trillion and that 44.2 million people owed debt. But the bad news is this: About 45 million Americans are student-loan debtors, and collectively they owe $1.6 trillion in student debt. In South Dakota, the 2018 TICAS analysis included data for only seven institutions: DSU, NSU, SDSU, USD, Augustana University, Mount Marty College, and the University of Sioux Falls.3 With this caveat in mind, Table 1 depicts basic student debt data as presented in the 2018 TICAS report: Table 1 South Dakota Student Debt, Class of 2017 The graduating class of 2018 owed $29,200 in student loans, up from $28,650 in 2017, according to The Institute for College Access & Success. Student debt levels for the graduating class of 2018 was $29,200, only 2 percent more than the previous year. As lawmakers and presidential contenders continue to debate the issues of college affordability and student loan debt, a report released Thursday shows the growth in student loan debt may be slowing. Student Debt and the Class of 2018 is TICAS’ fourteenth annual report on the student loan debt of recent graduates from four-year colleges, documenting changes and variation in student debt across states and colleges. Page 4 Student Debt and te Class of 2018 Overview and Key Findings Nationally, about two in three (65%) graduat-ing seniors had student loans. Only one state had a statewide debt level at graduation of less than $20,000 (Utah, $19,728). College graduates from the class of 2018 who took out student loans borrowed nearly $30,000 on average, according to data reported to U.S. News in its annual survey. Ticas aimed to break down what the student debt national average (which is around $29,000) actually ends up looking like for students who live in different parts of the country. The Federal Reserve Bank of New York said in February of 2017 that student loan debt rose for the 18th consecutive year and that borrowing for higher education has doubled in just eight years. Student Debt and the Class of 2018 is TICAS’ fourteenth annual report on the student loan debt of recent graduates from four-year colleges, documenting changes and variation in student debt across states and colleges. These borrowers owed an average of $29,200, 2 percent higher than the 2017 average. ... As student debt … Highest Average Student Loan Debt By State. Black students are … I suppose that's good news. About 68% of graduates had student loans. While student debt continues to climb, the rate of growth of student borrowing has slowed some since 2012, when people were still recovering from the recession and student borrowing increased by about $1,100 per student. ... Utah has the lowest average student loan debt per student ($19,975) from the Class of 2016. According to the Federal Reserve, over half of young adults who went to college in 2018 took on debt. By Hunter B. Martin, NASFAA Staff Reporter. "Student Debt and the Class of 2018" is the fourteenth annual report produced by The Institute for College Access & Success (TICAS) on the student loan debt of recent graduates from four-year colleges, documenting the changes in student loan debt and variation among states as well as colleges. Among 2016 bachelor’s degree recipients, 14% of graduates had non-federal student loan debt, averaging $18,550. The Washington D.C.-based think tank has just released a new report that examines state-by-state average student loan debt for the class of 2013. Student loan debt in the U.S. now totals more ... TICAS's report used the most up-to-date data based on the Class of 2016. We also look at the amount of debt students incur as they pursue a college education. The latest student loan debt statistics for 2018. The average student in the Class of 2017 has almost $40,000 in student loan debt. High-debt states remain concentrated in the Northeast and low-debt states are mainly in the West. This is well below the average debt of … High-debt states remain concentrated in the Northeast and low-debt states are mainly in the West. Their average debt was $29,200, a 2% increase from the Class of 2017. The average student loan debt topped $30,000 per borrower in the Class of 2015.

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