Student Loan Debt and the Class of 2012
December 5, 2013
Published December 2013
According to a new report from the Project on Student Debt, 71 percent of college seniors who graduated last year had student loan debt. The average debt for those who borrowed in 2012 totaled $29,400. The average debt increased an average of 6 percent each year from 2008 to 2012.
Read the full report here.
Check out an interactive map with state-by-state data here, which shows that the average debt in Illinois in 2012 was $28,028, and that the proportion of those with debt stood at 64 percent.