Average college student loan debt is creeping up nationally, but is down slightly in Wisconsin, according to a report on the Class of 2017 released this week by LendEDU.
The national student loan debt average for the Class of 2017 was $28,288 — up $313 from the Class of 2016, but slightly below the $28,400 average for the Class of 2015, the third annual Student Loan Debt by School by State Report found. The report uses data collected from the annual Peterson's voluntary financial aid survey to rank over 1,000 colleges and universities nationwide, both public and private.
Wisconsin ranked No. 33 nationally, with a $29,569 average — down slightly (1.18%) from the state's Class of 2016 debt. Sixty-five percent of the Class of 2017 across all Wisconsin colleges and universities left school with loan debt.
Read the full article from the Fond du Lac Reporter.