The McIntire School of Commerce had the lowest average student loan debt for 2019 graduates—$11,700—among 62 participating business schools, according to a recent Poets&Quants survey. In 2019, the average college student graduated with $31,172 in student loan debt, more than 2.5 times that of McIntire grads in the undergraduate Class of 2019.
Analyzing the data from the participating business schools, the education website found that the average debt for students graduating in 2019 was $27,571. McIntire was one of only eight schools that reported debt data that had an average debt under $20,000; five schools topped $40,000.
Poets&Quants also analyzed the percentage of students graduating with debt in 2019. The School was one of 10 that stayed under 30%, with 26% of the undergraduate Class of 2019 graduating with student loan debt. Seventeen schools exceeded 50% of 2019 grads with student loan debt.