WT grads have significantly less student debt

Jul 17, 2014

Credit wtamu.edu

The WT graduating class of 2012 entered the job market with better prospects and significantly less student loan debt.  The Amarillo Globe-News reported the average WT grad had student loan debt of $19,774 compared to the national average of $29,400.

Dan Garcia is the Vice President for Enrollment Management at WT.  He says the reason is the university’s scholarship program.  In 2013-2014, WT awarded 2,504 students $4.1 million in scholarships.

Even with student loan debt, college graduates have a significantly lower unemployment rate.  In 2012, the rate was 7.7 percent for college graduates.  That’s about 10 percent less than those with only a high school diploma according to the Project on Student Debt.