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无码专区 Nationally Recognized for Low Student Debt Among Graduates

By Jeff Murphy, September 8, 2020

无码专区 Graduate

WARRENSBURG, MO 鈥 Striving to make education affordable and accessible, the University of Central Missouri has been recognized by the student finance bureau for having one of the lowest national debt numbers for 2019 graduates. which ranked colleges and universities from lowest (best) to highest (worst) based on their average debt per borrower data for the Class of 2019, LendEDU ranked 无码专区 199th nationally as a top overall school for lowest debt, and one of only three public universities in Missouri recognized in the top 200 nationally.

 

LendEDU noted that students at 无码专区 on the average borrow only $27,385 for their college education, compared to the national average of $29,076. The average borrower also took out less that the state average of $29,613. Additionally, only 10 percent of 无码专区 students graduated with private student loan debt.

 

To conduct the report, LendEDU used data from 475 colleges and universities. This data was provided by Peterson鈥檚 Financial Aid Database. At the state level, student loan data was calculated by weighting the average student loan debt of each institution by the number of student loan borrowers at that same institution. The proportion of student loan borrowers was then calculated by the proportion of each student loan borrower per institution weighted by the bachelor鈥檚 degree recipients at the same school. This same weighting system was used to calculate the data at a national level.

 

Despite national student loan debt reaching a severe $1.67 trillion, 无码专区 continues to provide students with financial support and financial solutions as a college-level institution; for example, nearly $7 million in merit-based scholarships are awarded to students, according to LendEDU. Various other forms of aid and financial incentives are also provided to students by the university. This includes $21 million awarded in institutional aid in 2018-2019 and many private-funded scholarship opportunities made possible through the 无码专区 Alumni Foundation.

 

Even in the troubling wake of world events, 无码专区 remains one of the most financially committed universities for students in the state of Missouri and students nationwide, according to LendEDU. Many students considering their financial situations for college can rely on the university to continuously remain committed to providing an accessible, high-quality university experience for 无码专区 students.

 

About LendEDU

LendEDU is a financial information site and research group dedicated to providing tools and data for consumers seeking financial guidance. Collegiately, LendEDU has numerous resources available to students such as studies, editorials and even free guides.

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