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DC Ranks #1 In Student Debt

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courtesy of ‘bredgur’

It wasn’t enough to name Georgetown University #7 on the list of top 10 colleges and universities with the priciest dorms. Nope, not by a long shot.

Apparently almost half of the students attending secondary education institutions in DC graduate with debt. Not only that, but they have the highest debt in the country.

Washington Business Journal announced today that the average debt upon graduation from a DC institution in 2008 was $29,793. When compared to the national average ($23,200), there appears to be quite a discrepancy in price.

American University topped the list with an average of $34,213, with George Washington University in second, and Georgetown in third. Visit Jeff Clabaugh’s article at the business journal for more on the numbers.