.

How Does Iowa's College Student Debt Compare to the Nation?

The study of 2010 graduates found that students who graduated in 2010 found themselves in more debt and with worse job prospects than in previous years.


A study of America's college student debt has revealed what many already suspected: students are getting into higher levels of debt and have worse job prospects.

From the report from nonprofit Project on Student Debt:

"College seniors who graduated with student loans in 2010 owed an average of $25,250, up five percent from the previous year, according to a new report from the Project on Student Debt at the Institute for College Access & Success (TICAS). The Class of 2010 also faced the highest unemployment levels for new college graduates in recent history: 9.1 percent (still less than half the unemployment rate for young adults with only a high school diploma)."

In a state by state analysis, Iowa's debt was measured higher than the national average, at $29,598. You can see the whole new interactive map of the nation's student debt here.

The report, written last fall, is attached to this post.

Regents Universities Data:

Iowa State University Average debt of graduates 2010 $ 30,062 Proportion of graduates w/debt 2010 69% Nonfederal debt, % of total debt of graduates 2010 32% Full-time enrollment fall 2009 21,394 2009-10 In-state tuition and fees $ 6,651 2009-10 Total cost of attendance $ 18,366 2009-10 % Pell Grant recipients 22%

 

  University of Iowa Average debt of graduates 2010 $ 27,391 Proportion of graduates w/debt 2010 54% Nonfederal debt, % of total debt of graduates 2010 28% Full-time enrollment fall 2009 18,476 2009-10 In-state tuition and fees $ 6,824 2009-10 Total cost of attendance $ 19,438 2009-10 % Pell Grant recipients 17%

 

  University of Northern Iowa Average debt of graduates 2010 $ 25,735 Proportion of graduates w/debt 2010 76% Nonfederal debt, % of total debt of graduates 2010 21% Full-time enrollment fall 2009 10,227 2009-10 In-state tuition and fees $ 6,636 2009-10 Total cost of attendance $ 18,077 2009-10 % Pell Grant recipients 24%
Maria Houser Conzemius July 30, 2012 at 02:43 PM
I'm not surprised. I had a full-ride academic scholarship at the College of Arts & Sciences at Cornell University in Ithaca, NY, in the sixties, but Iowa's university foundations are so greedy that there's limited access to student aid regardless of how much money the foundations take in. (See Sen. Charles Grassley's editorial in the 7/30/2012 (Mon.) Des Moines Register.)

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something