Study: Fifty-six percent of 2015 Arizona college graduates have student loan debt

May 7, 2017, 8:21 AM
Arizona State University students celebrate in this spring 2006 graduation photo. A new report said...
Arizona State University students celebrate in this spring 2006 graduation photo. A new report said 2014 college graduates from Arizona had some of the lowest student debt rates in the nation. (Photo:Tom Story/ASU)
(Photo:Tom Story/ASU)

If you graduated from a college in 2015, chances are you still have remaining student loan debt, according to one study.

Of the 2015 Arizona college graduates, the most recent class for which data was available, The Institute for College Access & Success found that 56 percent of those graduates have student loan debt. The average amount of debt was $23,780.

That’s significantly lower than the national average of 68 percent of students who are $30,100 in debt.

Arizona ranked 43rd in the highest average amount of debt and 36th in the proportion of student with debt.

The data was compiled from 1,116 colleges across the country.

The state with the lowest average debt in the study was Utah, which had 41 percent of their 2015 graduates with student loan debt with an average debt was $18,873.

The highest average debt was in New Hampshire, where $36,101 was the average debt. A staggering 76 percent of 2015 graduates in New Hampshire had student loan debt.

Lifetime Windows & Doors

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

President Joe Biden tours the building site for a new computer chip plant for Taiwan Semiconductor ...
Associated Press

President Joe Biden touts economic plan at TSMC chip plant in north Phoenix

President Joe Biden on Tuesday visited the site for a new computer chip plant in Phoenix and touted his economic plan.
17 hours ago
(Facebook File Photo/Phoenix Police Department)...

Child killed in 2-vehicle collision on Thomas Road in central Phoenix

A child is dead and three other people are in the hospital after a collision in central Phoenix on Tuesday morning, authorities said.
17 hours ago
(Photo by Kevin Dietsch/Getty Images)...

Special counsel investigating Trump sends subpoena to Valley elections officials

A federal investigator wants know what Donald Trump and his surrogates said to Maricopa County elections officials before and after the 2020 election.
17 hours ago
(Unsplash Photo)...

Pecking orders from Chandler expand rules on keeping backyard chickens

Families in a Phoenix suburb will be counting their chickens, but only up to five, after the city government approved backyard chickens.
17 hours ago
(KTAR News File Photo)...
Kevin Stone

Police say possible gun at Scottsdale school was just computer equipment

The student who reported a possible gunman at a Scottsdale high school last week actually saw somebody carrying computer equipment, police said.
17 hours ago
(City of Mesa Rendering)...

Mesa breaks ground on northeast public safety facility for police, fire

Mesa officials announced on Monday developers have broken ground on a facility that will house a fire station and police substation.
17 hours ago

Sponsored Articles

Quantum Fiber

How high-speed fiber internet edges out cable for everyday use

In a world where technology drives so much of our daily lives, a lack of high-speed internet can be a major issue.
(Desert Institute for Spine Care photo)...

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
Day & Night Air Conditioning, Heating and Plumbing

Ways to prevent clogged drains and what to do if you’re too late

While there are a variety of ways to prevent clogged drains, it's equally as important to know what to do when you're already too late.
Study: Fifty-six percent of 2015 Arizona college graduates have student loan debt