D.C. students graduate with highest debt rate in
country<http://loan-for-study.blogspot.com/2009/12/dc-students-graduate-with-highest-debt.html>
On average, graduates from D.C. schools have more college debt than
any
other parts of the country, according to a recent study.
D.C. graduates leave school with an average of $29,793 in debt - about
$6,500 more than the national average, according to the Project on Student
Debt . At GW, 2008 graduates had an average of $17,000 in federal loans and
$14,000 in private loans - more than $31,000 total, and about $8,000 more
than the national average, according to the Office of Institutional
Research.
One reason the D.C. average may be so high is because only three private
universities - GW, Georgetown and American - provided debt information for
the study, said Edie Irons, communications director for the Institute for
College Access and Success, which runs the Project on Student Debt. Other
private schools and public universities like the University of the District
of Columbia, did not participate.
"It looks like American University, GW and Georgetown are the only ones that
submitted all of the data. Those are all pretty high-priced colleges, and GW
and American have quite high average debts," Irons said. "It's important to
understand these trends, and it's useful for students to know what the
borrowing situation is at their college. It makes me wonder what's happening
at Catholic University and Gallaudet and Howard and all the other colleges
in D.C."
In September, The Hatchet reported that GW graduates have an average of 13
percent more debt than the national average at private universities.
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Here<http://loan-for-study.blogspot.com/2009/12/dc-students-graduate-with-highest-debt.html>

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