December 1, 2009
Recent College Grads Face Record Debt and Unemployment
New report includes state-by-state and campus-by-campus student debt averages for class of 2008
The Project on Student Debt
College seniors who graduated in 2008 carried an average of $23,200 in student loan debt. Meanwhile, unemployment climbed from an already challenging 7.6 percent in the third quarter of 2008 to 10.6 percent in 2009. See average student debt and the share of students borrowing for all 50 states and four-year public and private nonprofit colleges and universities in the U.S.