Wednesday,  December 11 , 2024

Linkedin Pinterest
News / Northwest

Oregon students graduate with less debt than U.S. average

By Associated Press
Published: August 11, 2016, 10:20am

PORTLAND — An analysis released Thursday shows the average debt load for Oregon college students is a little less than the national average.

The website LendEDU found Oregon students who graduated in 2015 had an average debt of nearly $27,000. Nationwide, the average borrower from the class of 2015 took on $28,400 in debt.

Oregon students, however, are still borrowing much more than students from previous generations. A 2014 report from The Oregonian/OregonLive found students and their families borrowed more than $12 billion over a 10-year period. That was more than double the amount from a decade earlier.

Devin Hutchings, communications director of the Oregon Student Association, tells the newspaper (http://bit.ly/2bjCP3b ) that the association surveys its statewide student body each year and money woes has been the top issue for years.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...