Colleges With the Least Student Loan Debt Per Borrower in the Southwest
- January 31, 2018
- Posted by: Max Vanegas
- Category: Student Loans
The space that stretches from Los Angeles, California to El Paso, Texas along the Mexican-U.S. border is what can be considered the Southwest United States. Besides the deserts, mountains, and rivers that run through this awe-inspiring terrain, the region is also home to 11 million people.
The two most densely populated cities are Phoenix, with a population of over 4 million people, and Las Vegas, where about 2 million residents reside.
Denver is also one of the major cities in the Southwest region. The capital of Colorado is a hub for outdoorsmen and nature seekers and is well-known for its close proximity to ski mountains.
The Southwest is also a region where many prominent American Universities are based out of. Given the economic prosperity enjoyed by the major cities in this area, we wanted to know if it would correlate to tuition price, and specifically, student loan debt.
Using licensed data, LendEDU has recognized the 50 schools in the Southwest U.S. that have the lowest average student loan debt per borrower figures in the entire region.
Top 50 Colleges With the Least Student Loan Debt Per Borrower Figures in the Southwest
|Rank||School Name||State||Average Student Loan Debt per Borrower||Percentage of Grads w/ Debt|
|1||Paul Quinn College||TX||$6,102||37%|
|2||University of North Texas at Dallas||TX||$6,927||79%|
|4||Texas Wesleyan University||TX||$12,360||57%|
|5||The University of Texas at Arlington||TX||$15,559||83%|
|6||The University of Texas Rio Grande Valley||TX||$15,731||58%|
|7||Rogers State University||OK||$16,164||51%|
|8||New Mexico Highlands University||NM||$17,312||51%|
|9||Texas A&M International University||TX||$17,394||74%|
|10||The University of Texas of the Permian Basin||TX||$17,578||33%|
|11||Texas A&M University–Corpus Christi||TX||$17,804||64%|
|12||East Central University||OK||$19,170||34%|
|13||University of the Incarnate Word||TX||$19,243||69%|
|15||The University of Texas at Dallas||TX||$20,432||35%|
|16||The University of Texas at Tyler||TX||$20,662||52%|
|17||Southeastern Oklahoma State University||OK||$20,983||53%|
|18||Southwestern Oklahoma State University||OK||$21,282||46%|
|19||New Mexico State University||NM||$21,402||56%|
|20||The University of Texas at El Paso||TX||$21,840||60%|
|21||Arizona State University at the West campus||AZ||$22,251||56%|
|22||New Mexico Institute of Mining and Technology||NM||$22,355||46%|
|24||Dallas Baptist University||TX||$22,568||79%|
|25||University of Science and Arts of Oklahoma||OK||$22,760||63%|
|26||Arizona State University at the Tempe campus||AZ||$22,903||49%|
|27||The University of Arizona||AZ||$23,273||46%|
|28||University of Houston||TX||$23,665||51%|
|29||Wayland Baptist University||TX||$23,764||67%|
|30||Northeastern State University||OK||$23,840||65%|
|31||University of Houston–Downtown||TX||$23,874||54%|
|32||Texas A&M University||TX||$24,072||45%|
|33||Angelo State University||TX||$24,099||50%|
|34||Oklahoma State University||OK||$24,252||50%|
|35||Oklahoma Baptist University||OK||$24,451||58%|
|36||West Texas A&M University||TX||$24,525||62%|
|37||Texas Woman's University||TX||$24,916||68%|
|38||Oklahoma Wesleyan University||OK||$25,234||66%|
|39||University of North Texas||TX||$25,249||63%|
|40||The University of Texas at Austin||TX||$25,338||45%|
|41||Arizona State University at the Downtown Phoenix campus||AZ||$25,342||61%|
|42||Tarleton State University||TX||$25,725||72%|
|44||Sam Houston State University||TX||$26,135||66%|
|45||Northern Arizona University||AZ||$26,279||64%|
|46||Oklahoma City University||OK||$26,329||57%|
|47||University of Central Oklahoma||OK||$26,335||56%|
|48||University of St. Thomas||TX||$26,455||50%|
|49||The University of Texas at San Antonio||TX||$26,763||64%|
|50||Arizona State University at the Polytechnic Campus||AZ||$26,925||59%|
LendEDU’s Colleges with the Least Average Debt Per Borrower Report was created using data that reflects the Class of 2016. For reference, the data is released on a one-year delay. The Class of 2017 data will not be available until the Fall of 2018.
The average debt per graduate was calculated by compiling the total debt at each university, divided by the number of bachelor degree recipients at each particular university. The average amount of student loan debt per graduate was then weighted by the number of graduates who had student debt to find the average debt per student loan borrower.
The data was provided on a voluntary basis at the college level by college officials. LendEDU did not audit the accuracy of the college level data.