Kiplinger – a Washington, D.C.-based publisher of business forecasts and personal finance advice – found that in 2016 “The average student borrower at a four-year private college graduated with $32,000 in debt, while those attending public colleges borrowed an average of $27,000.”
Ramapo was one of the schools “Most successful at getting their students out the door with the lowest average debt.”
Ramapo came in 5th in the study, with an average debt at graduation of $11,275, according to Kiplinger.
Berea College in Kentucky took the number one spot with an average of $7,062.