Report Shows WT Students Graduate with 11th Lowest Loan Debt in State

August 23, 2019

CONTACT: Michael Brown, research analyst, 800-984-5694

Report Shows WT Students Graduate with 11th Lowest Loan Debt in State

CANYON, Texas— West Texas A&M University is listed as having the 11th-lowest average student loan debt per borrower among schools in Texas, according to a recent study.

The Student Loan Debt by School and By State Report, published by LendEDU, ranked 45 institutions of higher education in the state based on how much debt graduates accumulate.

"West Texas A&M's average student loan debt per borrower figure was very commendable," said Michael Brown, research analyst with LendEDU. "Not only did the school have the 11th lowest figure in the state of Texas, but the 156th lowest figure amongst nearly 1,000 schools nationally."

WT students graduate with an average of $23,670 in student loan debt, according to the report, which is below the national average of $28,565. The average among of student loan debt per borrower in Texas is $27,342.

The report also shows that WT decreased its percentage of graduates with student loan debt by 1.5 percent in the past year.

WT's low student loan debt is due in part to its affordable tuition rates, offerings of scholarships and grants, and cost of living, among other factors, Brown said.

LendEDU, a personal finance marketplace, has published its Student Loan Debt by School by State Report since 2015. The aim of the report is to educate consumers – primarily students – as they consider institutions of higher education.

To learn more about WT's LendEDU ranking, contact Brown at 800-984-5694.

 

—WTAMU—


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