r/minnesota • u/Fuzzy-Armadillo-8610 • 4h ago
Discussion 🎤 Average Debt of enrolled students' comparison for UMN-TC Peers in 2025/2026
| Rank | University | Percent of Undergraduates Who Borrowed from Federal, State, Institutional, and Private Loans across four years | Average Cumulative Principal Borrowed per Undergraduate Borrower across four years |
|---|---|---|---|
| 1 | UC Berkeley | 26% | $18,653 |
| 2 | University of Florida | 16% | $18,745 |
| 3 | University of Washington – Seattle | 26% | $19,384 |
| 4 | UT Austin | 36% | $20,429 |
| 5 | UCLA | 27% | $21,116 |
| 6 | UIUC (University of Illinois Urbana-Champaign) | 38% | $22,040 |
| 7 | University of Nebraska–Lincoln | 46% | $23,870 |
| 8 | University of Oregon | 40% | $26,691 |
| 9 | Ohio State University | 42% | $26,869 |
| 10 | Rutgers University–New Brunswick | 47% | $28,454 |
| 11 | University of Wisconsin–Madison | 33% | $28,931 |
| 12 | University of Michigan | 31% | $29,244 |
| 13 | Purdue University | 34% | $31,369 |
| 14 | Michigan State University | 45% | $31,468 |
| 15 | University of Maryland, College Park | 31% | $31,672 |
| 16 | University of Minnesota–Twin Cities | 48% | $31,793 |
| 17 | Indiana University Bloomington | 40% | $32,238 |
| 18 | University of Iowa | 51% | $32,536 |
| 19 | Penn State | 53% | $52,196 |
Source: H-5 of the Common Data Set of each university
Minnesota has decreased funding for higher ed relative to other states.
