EVANSVILLE, Ind. (AP): A new report that ranks Indiana's college student debt as the nation's 16th-highest says the state's 2013 graduates were saddled with an average student loan debt of more than $28,000.
The report from The Project on Student Debt also found that 62 percent of Indiana's 2013 college grads left school with debt, giving the state the 21st-highest such percentage in the nation.
The Evansville Courier & Press reports the report shows that Indiana's average college student debt for 2013 graduates was $28,466, slightly higher than the national average of $28,400 for graduates with bachelor's degrees.
The new report was initiated by The Institute for College Access & Success, an independent, nonprofit group that's working to make higher education more affordable and available to people of any background.