Many expensive private non-profit four-year colleges try to keep student borrowing low by giving generous financial aid to undergraduates from lower-income families. Among highly selective private non-profit colleges, Harvard University was the most successful in keeping federal student-loan debt low for its graduates who took out such loans. Six Ivy League schools, including Harvard, were among the top 25 on that measure. The list below shows a school and the median debt for its graduates.
1. Harvard U. – $6,500
2. Duke U. – $7,500 | Princeton U. – $7,500
4. Rice U. – $10,228
5. Pomona College – $11,000
6. Piedmont International U. – $11,326
7. Cornell U. – $12,000
8. Stanford U. – $12,475
9. Amherst College – $12,975
10. Haverford College – $13,000
11. Grinnell College – $13,170
12. Dartmouth College – $13,462
13. Yale U. – $13,500
14. Vanderbilt U. – $14,000
15. California Institute of Technology – $14,350
16. Bates College – $14,450
17. U. of Chicago – $14,500
18. Williams College – $14,583
19. Franklin W. Olin College of Engineering – $14,710
20. Claremont McKenna College – $14,968
21. Brown U. – $15,000 | John Hopkins U. – $15,000
23. Georgetown U. – $15,500
24. Hamilton College (NY) – $15,760
25. Middlebury College – $15,889
Source: U.S. Department of Education, National Student Loan Data System
Keep this in mind as you make your plans for college admissions!
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Dr. Paul Reginald Lowe is the managing director of Pinnacle Educational Center Admissions Advisors Group network. He and his team of admissions advisors, through the admissions affiliate, Ivy League Admissions Advisors help students gain admissions to Ivy League and high selective colleges and universities.
Dr. Paul Lowe - Admissions Expert 