Research and Statistics

Infographic: College graduates make little progress in paying off debt


Students who have graduated from college are slow to pay back on their debt, according to a Rutgers report.

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One in four students who graduated between 2006 and 2011 have not yet paid back any of their college debt, according to a national survey of nearly 450 college graduates by The John J. Hedrich Center for Workforce Development at Rutgers University. The report, released in May 2012, shows that students who went on to graduate school were even less likely to have paid off any of their loans — 62 percent, in fact, have not. To top it all off, a whopping 46 percent of all of students surveyed said they have other debt as well, such as credit card debt.

Debt paid after graduation

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Credit Card Rate Report Updated: September 16th, 2020
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