UTRGV ranks sixth among 56 Texas universities for lowest student loan debt

UTRGV Letters and a Palm

RIO GRANDE VALLEY, TEXAS – SEPT. 21, 2017 – The University of Texas Rio Grande Valley has been ranked No. 6 in Texas for lowest student loan debt. 

The ranking, by LendEdu.com, evaluated 56 colleges and universities using data licensed from Peterson’s, a long-established college and graduate school resource for prospective students. 

The site calculated the average student loan debt per borrower for the Class of 2016, the most recent and accurate data available for that cohort.

Following are the results for other UT System schools on the rankings list:

  • UT Arlington, fifth.
  • UTRGV, sixth.
  • UT Permian Basin, eighth.
  • UT Dallas, 11th.
  • UT Tyler, 12th.
  • UT El Paso, 13th.
  • UT Austin, 24th.
  • UT San Antonio, 28th.

The top-ranked Texas school is Paul Quinn College; Baylor University is last on the list, at 56th.

The website ranked colleges in terms of average student loan debt, per borrower, at graduation. Its research shows that, overall, 60 percent of graduates had student debt, and the average owed $27,975. 

LendEdu.com found that at UTRGV, 58 percent of graduates had student debt, with an average debt per borrower of $15,731 upon graduation.

“Your school is doing a great job at helping students afford their college education without having to take on the significant amount of student debt that holds back so many young adults today,” according to a letter to UTRGV from the ranking organization.

Full results of the LendEdu.com study, by state, are available here.

ABOUT UTRGV

The University of Texas Rio Grande Valley (UTRGV) was created by the Texas Legislature in 2013 as the first major public university of the 21st century in Texas. This transformative initiative provided the opportunity to expand educational opportunities in the Rio Grande Valley, including a new School of Medicine, and made it possible for residents of the region to benefit from the Permanent University Fund – a public endowment contributing support to the University of Texas System and other institutions.

UTRGV has campuses and off-campus research and teaching sites throughout the Rio Grande Valley including in Boca Chica Beach, Brownsville (formerly The University of Texas at Brownsville campus), Edinburg (formerly The University of Texas-Pan American campus), Harlingen, McAllen, Port Isabel, Rio Grande City, and South Padre Island. UTRGV, a comprehensive academic institution, enrolled its first class in the fall of 2015, and the School of Medicine welcomed its first class in the summer of 2016. 

MEDIA CONTACTS  

Marci.Caltabiano@UTRGV.edu
UTRGV Director of News and Internal Communications 956-665-2742