Reply to SCHEV stats for VA colleges for last admission cycle released

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I was digging into the data. For 2021-2022 grads, roughly the same percentage of the class graduated with student loans— roughly 1/3 of grades.  But the average total loans from WM were $21,000 for a BA. For UVA it is $51,000 for a BA. That’s a huge difference.

Why is that?  W&M is more expensive in state and less expensive OOS. Is W&M better with financial aid?  Or is it that it’s a small SLAC like school and students are self selecting and just more affluent? I would have predicted WM students to have more debt because most students are in state. [/quote]

Where do you see that?[/quote]

Click on the hyperlink with each school’s name and you’ll get a bunch of underlying data. The debt at graduation info is there broken out by BA, professional etc. those are the BA numbers. $21k vs $51k is a huge gap. Either UVA does a significantly worse job meeting need, or their students are much less affluent— although about the same percentage of each class has some debt. So, IDK.

What’s scary is that if the average debt is $51k and it’s a state school, that means a lot of kids are carrying a lot more than $51k. That’s not great for a BA. Most aren’t done with their educations yet. [/quote]

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