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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.
No matter where you come down on the debate, one thing is clear: The average student loan debt in America is higher than it's ever been. According to The Institute for College Access & Success, students receiving their bachelors in 2013 left school with an average of $19,596 in debt. That number is higher if you only include the 69% of students who actually took out loans: $28,400.