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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.
According to The College Board, the average person who has borrowed money to attend a public four year college is sitting on $25,600 in student loan debt. That's 24% more student loan debt than the average borrower graduated with just 10 years ago.