Thirty-three percent of students graduating with their bachelor's degrees will leave UA with not only a diploma, but with debt, according to the Office of Student Financial Aid.
However, those students who have yet to pay off loans owe, on average, about $17,500 and can expect to pay off those loans for 10 years, according to John Nametz, director of need-based aid.
The nationwide loan amount average for all bachelor's degree recipients in 1999-2000 was more than $18,000, and for public universities it was almost $17,000, according to the National Post secondary Student Aid Survey. That same school year, UA's more than 2,200 graduates averaged $17,620 in owed loans.
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