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1 Graduate students will be faced with an even greater amount of student debt. 2  On average, students earning a graduate degree will leave school with an average of $43,500 in accumulated college loans.3  Again, this amount will be significantly greater for students graduating from a private for-profit university. The current average student loan debt for graduates from a four year college or university stands at $26,600. 2  That figure can rise significantly for students attending a private, for-profit college or university.
Youâve probably heard the statistics: Americans owe over $1.48 trillion in student loan debt, spread out among about 44 million borrowers. Thatâs about $620 billion more than the total U.S. credit card debt. In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year.