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Wednesday, January 25, 2012
Hawaii College Debt Lowest in Nation
By News Release @ 1:03 PM :: 5792 Views :: Energy, Environment, National News, Ethics

From The Project on Student Debt

Nationally, College seniors who graduated in 2010 carried an average of $25,250 in student loan debt. Meanwhile, unemployment for recent college graduates climbed from 8.7% in 2009 to 9.1% in 2010 — the highest annual rate on record for college graduates aged 20 to 24.

Hawaii students have an average of $15,500 in college debts, ranking 49th in the nation. Hawaii has the lowest proportion of college students with any debt at 38%.

Link: National Results

Hawaii

 
 

  Public 4-Year Institutions and Private Non-Profit 4-Year Institutions
  Average
Debt
*
Rank ** Proportion
with Debt
*
Rank **
State Average $ 15,550 49 38% 50

 

List of Hawaii Institutions


Public 4-Year Institutions

University of Hawaii at Hilo
Average debt of graduates 2010 $ 11,944
Proportion of graduates w/debt 2010 53%
Full-time enrollment fall 2009 2,821
2009-10 In-state tuition and fees $ 4,888
2009-10 Total cost of attendance $ 14,596
2009-10 % Pell Grant recipients 37%

University of Hawaii at Manoa
Average debt of graduates 2010 $ 16,528
Proportion of graduates w/debt 2010 35%
Nonfederal debt, % of total debt of graduates 2010 14%
Full-time enrollment fall 2009 11,361
2009-10 In-state tuition and fees $ 7,167
2009-10 Total cost of attendance $ 18,457
2009-10 % Pell Grant recipients 22%

University of Hawaii Maui College
Full-time enrollment fall 2009 1,733
2009-10 In-state tuition and fees $ 2,022
2009-10 % Pell Grant recipients 32%

University of Hawaii-West Oahu
Full-time enrollment fall 2009 409
2009-10 In-state tuition and fees $ 4,186
2009-10 % Pell Grant recipients 23%

 

Private Non-Profit 4-Year Institutions

Brigham Young University-Hawaii
Full-time enrollment fall 2009 2,381
2009-10 In-state tuition and fees $ 3,800
2009-10 Total cost of attendance $ 14,324

Chaminade University of Honolulu
Full-time enrollment fall 2009 1,303
2009-10 In-state tuition and fees $ 17,060
2009-10 Total cost of attendance $ 30,758
2009-10 % Pell Grant recipients 25%

Hawaii Pacific University
Average debt of graduates 2010 $ 32,172
Full-time enrollment fall 2009 3,849
2009-10 In-state tuition and fees $ 14,960
2009-10 Total cost of attendance $ 28,664
2009-10 % Pell Grant recipients 15%

 

Notes:
* Debt data as reported by campuses to Peterson’s Undergraduate Financial Aid and Undergraduate Databases. © 2011 Peterson’s, a Nelnet company. All rights reserved.
** State rankings are from 1 (highest) to 50 (lowest). We did not calculate state averages when the usable cases with student debt data cover less than 30% of bachelor’s degree recipients in the Class of 2010 or when the underlying data for that state showed a change of 30% or more in average debt from the previous year. Such large year-to-year swings likely reflect different institutions reporting each year, reporting errors, or changes in methodology by institutions reporting the data, rather than actual changes in debt levels.

All data are from public and private nonprofit four-year institutions only. Some colleges did not report student debt data. Only colleges that granted bachelor's degrees and reported the percentage of graduates with debt and average debt are included in the state figures. Enrollment and tuition data are from the National Center for Education Statistics, Integrated Postsecondary Education Data System. Pell Data are from the U.S. Department of Education. Student debt, Pell Grant, and other data can be compiled into sortable tables or downloaded into a spreadsheet on our College InSight web site,
college-insight.org.

Calculations by the Project on Student Debt. See "Student Debt and the Class of 2010" report for details.

 


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