Washington Secrets

Student debt average $27,975, highest in PA $35,185

By Paul Bedard

Published August 15, 2017 4:59pm ET

Add Washington Examiner on Google

Student debt average $27,975, highest in PA $35,185 — President Barack Obama delivers Howard University's commencement speech during the 2016 Howard University graduation ceremony in Washington, Saturday, May 7, 2016. A new study of student debt said the Class of 2016 had a bill of nearly $28,000. ( AP Photo/Jose Luis Magana) | Jose Luis Magana

Student loan debt remains sky high, at $27,975, about half the average first year salary of a newly-minted college grad, according to the first comprehensive study of the Class of 2016.

The LendEDU report found that those carrying debt grew slightly for the class, the latest proof that students continue to go into debt to get their pigskin. The report said that 59.78 percent of the class have school loan debt.

Print subscriber? Click here to login/register your account

Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Paul Bedard