Top 3 on 3: Student Loans

Top 3 on 3: Student Loans (Image 1)
Top 3 on 3: Student Loans (Image 1)

For this Top 3 on 3, we aggregated all federal loans disbursed to undergraduate students by the U.S. Department of Education in the 2012-2013 academic year. We divided that number by each school’s fall undergraduate enrollment to determine the average amount in loans undergraduate students on each campus are taking out each year.

Bear in mind, this is not the average student debt of each student. Many factors contribute to college financial aid, including socioeconomic factors, tuition, room and board, cost of living and the academic programs offered. Students at the same school will vary greatly in loans based on individual need. Also note that Georgia subsidizes its state colleges and universities at a greater level than South Carolina, leaving a higher tuition burden for Palmetto State students.


School Name Fall 2012
Undergraduate Enrollment 
2012
Undergraduate Student Loans
Mean Student Loan per Student
(per Year) 
SOUTH UNIVERSITY                      20,155  $  149,710,497.00  $              7,427.96
SAVANNAH STATE UNIVERSITY                        4,413  $    32,509,122.00  $              7,366.67
SAVANNAH COLLEGE OF ART & DESIGN                        7,706  $    37,370,815.00  $              4,849.57
USC BEAUFORT                        1,828  $      8,629,929.00  $              4,720.97
GEORGIA SOUTHERN UNIVERSITY                      17,993  $    76,452,193.00  $              4,249.00
ARMSTRONG STATE UNIVERSITY                        6,731  $    28,576,939.00  $              4,245.57
OGEECHEE TECHNICAL COLLEGE                        2,236  $      8,094,021.00  $              3,619.87
SOUTHEASTERN TECHNICAL COLLEGE                        2,336  $      4,541,481.00  $              1,944.13
SAVANNAH TECHNICAL COLLEGE                        6,224  $      6,243,879.00  $              1,003.19

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