A new report from the Project on Student Debt says that seven in 10 graduating seniors at public and private nonprofit college had student loans in 2013 and that the average debt nationally was $28,400 — 2 percent higher than in 2012.
The report also includes recommendations to reduce student debt and keep debt payments manageable, including increasing the number of Pell Grants available to needy students and simplifying income-driven repayment.
Nonprofits are not included, the report says, because so few report relevant debt information. Here, from the report, are some details:
The report also names schools with the most and least debt among non-profit institutions: