It is clear that a major concern of students and parents (as well as policymakers) is the growing level of debt being incurred to complete a four-year degree.
Here’s some good news from the UW. Based on the most recent numbers:
52% of our undergraduates leave school with ZERO debt. That’s right, ZERO debt. Nationally, two-thirds of undergraduates leave school with college debt.
For the 48% with debt, UW average undergraduate debt loads are about $16,481, compared to the national average of $19,400. That a difference of $3000 or 15% LOWER than the national average.
So while college requires a substantial investment by students, many UW grads are finidng their debt burden a little lighter than that of their peers.