In its annual report on student debt, The Institute for College Access & Success found that College graduates who borrowed for bachelor’s degrees granted in 2012 had an average
student loan debt of $29,400 and that 71% of 2012 graduates had student loan debt. The report provides average debt amounts by state and sectors. From 2008 to 2012, average debt (federal and private loans combined) increased an average of six percent each year. Finally, TICAS outlines several policy recommendations to help ease student debt burdens, including collecting better college-level data on debt at graduation and private student loan borrowing, as well as more comprehensive data on graduation rates.