This week’s Map of the Week takes a look at average debt and yearly expenses by regent and nonpublic colleges and universities in Iowa.
According to the map, graduates of nonpublic colleges and universities graduate with an average debt of $34,199 in Iowa. Graduates of regent universities have an average of $27,496 of debt. Seventy-four percent of graduates have debt from nonpublic colleges and universities while 54.3 percent of regent university graduates have debt.
Faith Baptist Bible College graduates have an average of $16,336 in debt, which is the lowest figure across the state.
Graduates at the University of Northern Iowa have an average debt of $23,671. Iowa State grads average $28,097 in debt while University of Iowa students graduate with an average of $28,328 in debt.
Maharishi University of Management graduates have the highest average debt at $43,206. Simpson College graduates also average debt over $40,000 at $40,566.
The other map included shows annual student expenses, which includes tuition and fees, book and supply costs and off-campus room and board estimates.
The average yearly student expenses at a nonpublic college and university is $41,947. It is $19,588 at a regent university.
