Student loans climb: top 10 states with the highest college debt

Going to college or university isn't cheap, and with an average debt of $29,400, many graduates will be paying for their student loans long after graduation day. These states are home to the highest average student debts among loan-carrying, graduating seniors in 2012, according to The Institute for College Access and Success (TICAS). Can you guess which state had the highest? 

3. Pennsylvania

Ann Hermes/The Christian Science Monitor/File
Students walk past the Kelly Writers House on the University of Pennsylvania campus on December 16, 2013 in Philadelphia, Pennsylvania. In 2012, graduates had an average debt of $21,190.

Average debt: $31,675

Students with debt: 70 percent

Although the average debt load per student in Pennsylvania was $31,675, graduates of several private colleges and universities faced average loans that were significantly higher.

Arcadia University led the state in average loan debt – at $41,393 per student -- while a close runner up was Robert Morris University, which reported an average student debt of $41,093.

Three other private institutions – Ursinus College, Chatham University and the main campus of Widener University – each reported average student debt of more than $40,000.

Among public schools, the campuses of University of Pennsylvania campus reported a per-student debt that ranged from about $27,000 to roughly $35,000. Three campuses of Pennsylvania State University each reported debt at about $35,000.

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