It's a fact of life: Many undergraduates leave college weighed down by student debt. U.S. News has compiled a list of the schools whose students in the class of 2006 graduated with the heaviest and lightest debt loads. The data include loans taken out by students from the colleges themselves, from financial institutions, and from federal, state, and local governments. Parents' loans are not included. The second number entered for a college, labeled "Average amount of debt," is the average cumulative amount borrowed by those students who incurred debt, not the average for all students. The first number indicates what percentage of the student body has taken on debt and, by extrapolation, what percentage is debt free.
| School | % of grads with debt |
Average amount of debt |
|---|---|---|
| St. Joseph's University (PA) | 69% | $35,222 |
| Manhattan College (NY) | 62% | $35,130 |
| Emerson College (MA) | 61% | $34,668 |
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