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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.
Student loan debt is crippling for college graduates. As of June 2016, about 42 million Americans owed $1.3 trillion in student debt, and 45% of people with student loan debt said college was not worth it. 10% of students graduate with over $40,000 in debt and about 1% have $100,000 in debt.