Report: Student Debt Lower in CA, Still Rising

FRESNO, Calif. (KMJ) — The average graduate left college in the Golden State last year with $22,000 in student debt.

According to the Institute for College Access and Success, that’s the third-lowest rate in the nation, and about $8,000 below the national average.

But, college debt in California is rising at the same rate as the rest of the country.

The figures range from nearly $24,000 at Humboldt State, to less than $11,000 at Fresno State.

However, the institute says the average may be even higher, as for-profit college debt data is not often revealed.

According to the U.S. Department of Education, the average student debt of for-profit institution graduates in 2012 was about $40,000.

Aaron Abeytia anchors afternoon newscasts on News/Talk 580 & 105.9 KMJ. Read More…