August 18, 2006
For Immediate Release
For more info:
www.usnews.com
US News & World Report: UVSC Graduates Acquire Less Debt
Utah Valley State College graduates incur the least amount of debt in the West among public institutions, according to U.S. News & World Report’s latest rankings. The study, released today, indicated that UVSC seniors graduate with an average debt of $9,046, compared to a national average of more than $19,000.
In 2003, the Center for Economic and Policy Research in Washington D.C. suggested graduate’s rising debt load was due in part to a trend of tuition increases, reporting that the last two decades saw tuition inflation surpassing the growth of median income and financial aid.
In October 2005 the College Board, a not-for-profit membership association of more than 5,000 educational organizations, reported that the average tuition and fees for four-year public universities was $5,491, up $1,566 from 2000. In comparison, UVSC’s 2006-2007 resident tuition is $1,654, $3,837 below last years’ reported national average.
U.S. News & World Report also listed UVSC in the 4th tier category for the Best Comprehensive Colleges offering bachelor degrees in the West.
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College Marketing Contact:
Megan Laurie
(801) 863-7149
Written by:
Kim Chapman
(801) 863-7011
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