Tennessee Independent Colleges
and Universities Association

Private Colleges Serving Tennessee


The Average Debt of a Graduate of a TICUA Member Institution is Less Than the Cost of a New Car


Average Cost  $33,560

Average Debt $27,217

 

The average debt of a student graduating from a TICUA member institution in the 2014-15 academic year was $27,217. This is over $6,000 less than the cost of a new car.

Sources: 
Kelley Blue Book: http://mediaroom.kbb.com/2015-05-01-New-Car-Transaction-Prices-Rise-Steadily-Up-2-6-Percent-in-April-2015-According-to-Kelley-Blue-Book

The Institute of College Access and Success, ''Student Debt and the Class of 2015.'' College-level student debt and undergraduate financial aid data (c) 2016 Peterson's, a Nelnet company, all rights reserved.

Message from TICUA President Claude Pressnell: This message is part of an ongoing series of charts from the Tennessee Independent Colleges and Universities Association highlighting the impact of our 34 member campuses. We hope that you will find this information helpful.

Previous TICUA Facts are available on the TICUA website: http://www.ticua.org/research/TICUA_Facts

Please contact us for additional information either by phone at 615-242-6400 or email at research@ticua.org.