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Advice for Employers and Recruiters

Ten Private Colleges with Lowest Student Graduating Debt

William Frierson AvatarWilliam Frierson
December 6, 2011


College students, it is no secret that furthering your education isn’t exactly cheap these days.  There are schools, though, that are looking to make the cost of learning a little easier.

Kiplinger.com found ten private colleges, including three Ivy League institutions that provided enough financial aid to get their students across the finish line for around $6,000—well below the national average of $28,100.

Some of them include:

·         Princeton University: With its no-loan financial aid policy, meaning that less than one fourth of students need to borrow, the average debt at graduation is a low $5,225.

·         Berea College: This Christian-based institution covers the full $25,500 tuition for all students. The average debt at graduation: $5,836.

·         Yale University: A massive endowment and an $117 million financial-aid budget helps this institution offer no-loan financial aid to more than half its students. The result: students who borrow walk away with one-third less debt than the national average.

To see where these private colleges and others rank, go to http://kiplinger.com/slideshow/lowest-debt-private-colleges/1.html#top.

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