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Wednesday, January 25, 2012 |
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Hawaii College Debt Lowest in Nation
By News Release @ 1:03 PM :: 7918 Views :: Energy, Environment, National News, Ethics
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Nationally, College seniors who graduated in 2010 carried an average of $25,250 in student loan debt. Meanwhile, unemployment for recent college graduates climbed from 8.7% in 2009 to 9.1% in 2010 — the highest annual rate on record for college graduates aged 20 to 24.
Hawaii students have an average of $15,500 in college debts, ranking 49th in the nation. Hawaii has the lowest proportion of college students with any debt at 38%.
Link: National Results
Hawaii
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Public 4-Year Institutions and Private Non-Profit 4-Year Institutions |
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Average
Debt * |
Rank ** |
Proportion
with Debt * |
Rank ** |
State Average |
$ 15,550 |
49 |
38% |
50 |
List of Hawaii Institutions
Public 4-Year Institutions
University of Hawaii at Hilo |
Average debt of graduates 2010 |
$ 11,944 |
Proportion of graduates w/debt 2010 |
53% |
Full-time enrollment fall 2009 |
2,821 |
2009-10 In-state tuition and fees |
$ 4,888 |
2009-10 Total cost of attendance |
$ 14,596 |
2009-10 % Pell Grant recipients |
37% |
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University of Hawaii at Manoa |
Average debt of graduates 2010 |
$ 16,528 |
Proportion of graduates w/debt 2010 |
35% |
Nonfederal debt, % of total debt of graduates 2010 |
14% |
Full-time enrollment fall 2009 |
11,361 |
2009-10 In-state tuition and fees |
$ 7,167 |
2009-10 Total cost of attendance |
$ 18,457 |
2009-10 % Pell Grant recipients |
22% |
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University of Hawaii Maui College |
Full-time enrollment fall 2009 |
1,733 |
2009-10 In-state tuition and fees |
$ 2,022 |
2009-10 % Pell Grant recipients |
32% |
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University of Hawaii-West Oahu |
Full-time enrollment fall 2009 |
409 |
2009-10 In-state tuition and fees |
$ 4,186 |
2009-10 % Pell Grant recipients |
23% |
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Private Non-Profit 4-Year Institutions
Brigham Young University-Hawaii |
Full-time enrollment fall 2009 |
2,381 |
2009-10 In-state tuition and fees |
$ 3,800 |
2009-10 Total cost of attendance |
$ 14,324 |
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Chaminade University of Honolulu |
Full-time enrollment fall 2009 |
1,303 |
2009-10 In-state tuition and fees |
$ 17,060 |
2009-10 Total cost of attendance |
$ 30,758 |
2009-10 % Pell Grant recipients |
25% |
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Hawaii Pacific University |
Average debt of graduates 2010 |
$ 32,172 |
Full-time enrollment fall 2009 |
3,849 |
2009-10 In-state tuition and fees |
$ 14,960 |
2009-10 Total cost of attendance |
$ 28,664 |
2009-10 % Pell Grant recipients |
15% |
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Notes:
* Debt data as reported by campuses to Peterson’s Undergraduate Financial Aid and Undergraduate Databases. © 2011 Peterson’s, a Nelnet company. All rights reserved.
** State rankings are from 1 (highest) to 50 (lowest). We did not calculate state averages when the usable cases with student debt data cover less than 30% of bachelor’s degree recipients in the Class of 2010 or when the underlying data for that state showed a change of 30% or more in average debt from the previous year. Such large year-to-year swings likely reflect different institutions reporting each year, reporting errors, or changes in methodology by institutions reporting the data, rather than actual changes in debt levels.
All data are from public and private nonprofit four-year institutions only. Some colleges did not report student debt data. Only colleges that granted bachelor's degrees and reported the percentage of graduates with debt and average debt are included in the state figures. Enrollment and tuition data are from the National Center for Education Statistics, Integrated Postsecondary Education Data System. Pell Data are from the U.S. Department of Education. Student debt, Pell Grant, and other data can be compiled into sortable tables or downloaded into a spreadsheet on our College InSight web site, college-insight.org.
Calculations by the Project on Student Debt. See "Student Debt and the Class of 2010" report for details.
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