MILWAUKEE - Two
out of every three people who graduated from a Wisconsin
college last year entered the job market carrying debt from
student loans, a rate that saddles the state with a No. 8
national ranking, according to a new report.
percent of Wisconsin students were in debt, by an average of
about $28,000, a news outlet reported Friday. The data are
from the latest analysis by the Institute for College Access
are based on estimates from federal data and also from
information reported voluntarily by four-year public and
Wisconsin System spokesman David Giroux said UW wants to be
mindful of student debts, and added that Wisconsin's default
rate is among the lowest in the country.
the executive director of the liberal group One Wisconsin Now,
said the ranking pointed to the need for state legislation to
help student borrowers. He said borrowers aren't asking for a
bailout but they deserve a system that treats them fairly.
averages for debt ranged from $18,000 in New Mexico to almost
$34,000 in Delaware.