2019 College Grads In Pa. Carried An Average Of $39,027 In Student Debt

Last year's Pennsylvania college graduates on average racked up $39,027 in student loan debt, the second highest average among the 50 states and the District of Columbia, according to a new report from the Institute for College Access & Success.

In Pennsylvania, the share of graduates with debt during the 2018-19 academic year stood at 65%, the institute reported, while the total cost of attending college in the state averaged $43,974.

Nationwide, 62 percent of college seniors who graduated from both private and public universities last year had student loan debt, the analysis found....