Student loan debt in Colorado averages just over $18,000

MSN Money reported on 12/14/09 that: "Half of all students who graduated last year from a Colorado college or university owe money on student loans, and their debt burden averages $18,321."

Furthermore, "Colorado’s average student debt is lower than the national average of $23,200, the annual report says. The national figure is up from $18,650 in 2004."

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They gleaned their information from the Institute for College Access & Success’ Project on Student Debt. To check out specific information on most Colorado-based colleges and universities, click here.

The average debt of Metro State's students was not reported. However, there was some other useful information, including the fact that our tuition rates are the lowest in the state.

Metropolitan State College of Denver
Average debt of graduates 2008 N/A
Proportion of graduates w/debt 2008 N/A
Average federal debt of graduates 2008 $ 0
Proportion of graduates w/federal debt 2008 0%
Full-time enrollment fall 2007 12,834
2007-08 In-state tuition $ 3,079
2007-08 % Pell Grant recipients 22%

To download the full report about national student debt, click here.