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Report Shows Increased Student Debt at Univ. of Iowa, Iowa State Univ.
DES MOINES, Iowa (AP) A report shows increased debt for students graduating from the University of Iowa and Iowa State University but less debt among graduates of the University of Northern Iowa.
The Des Moines Register reports Friday the Iowa Board of Regents report indicates University of Iowa graduating students saw the largest debt increase for the 2011-2012 school year. Average debt rose more than 3 percent, with Iowa residents at $25,415 in debt and non-residents at $28,218.
Iowa State graduating students had the highest average debt among the three universities, with $28,940 for residents and $29,573 for non-residents. Debt for in-state students dropped slightly but increased overall less than 1 percent.
At UNI, average debt among both resident and non-resident students dropped to about $23,500, for a decline of about 8 percent.