SWAU Graduates Owe Less Than National Average

Avg $$ per studentSouthwestern Adventist University students are ending their schooling less in debt than the national average for University students. This is based on a recent report compiled by Dr. Tom Bunch, director of institutional research at the University.

The report showed that the average cumulative debt of Southwestern Adventist University graduates is less than graduates from other private nonprofit four-year universities.

percent of loansDuring an eight-year span, 65 percent of students nationwide took out loans to pay for their schooling. This compares to 72 percent of students at Southwestern Adventist University, which is seven percent higher.

Even though more students at Southwestern took out loans, the amount borrowed was less than the national average. SWAU students took out an average of $23,952, compared to $29,725, the amount borrowed at other private four-year universities. In the 2013-2014 school year, the greatest average amount borrowed by Southwestern students was $29,016, which is still less than the national average by $709.

What does borrowing less money in loans mean for students? In the eight-year span from 2005 thru 2013 Southwestern Adventist University students after receiving their bachelor’s degree owed less than the national average and were more prepared to face the challenge of paying those loans back.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

About author

You might also like

News 0 Comments

SA Events Calendar Fall 2010

September 25, All Night Softball October 1-3, Fall Holiday-L.I.F.E. Retreat October 9, Barn Bash/Basketball Game October 16, Shrek the Musical October 23, Zero Gravity October 30, Dash for Dollars November

News 0 Comments

University Singers To Perform in Little Rock

The 21 students who comprise Southwestern Adventist University’s University Singers will travel to Little Rock, Arkansas on Friday. They will be the featured music during an evangelistic crusade held at

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 11 + 10 ?
Please leave these two fields as-is: