62% of NJ Graduating College Seniors are in Debt

November 23, 2010 at 9:34 am · Filed under Education, New Jersey

According to Student Debt and the Class of 2009, a graduating senior in this state is saddled with an average of $22,731 in debt. The gap between public and private institutions is minimal: $22,383 vs $24,138. (The breakdown by states in here.) High debt colleges and low debt colleges are listed on pp.6-7 while high debt and low debt states are on p.2; New Jersey is ranked 19th overall.

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