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The new report shows marginal improvement over 2015’s grads, when the institute found that Ohio grads were the eighth most indebted in the country.
West Virginia’s 2016 grads ranked first with 77 percent leaving school with debt. Ohio’s 2106 college grads also left school with an average of $30,351, according to the report.
That dollar number means Ohio ranked No. 14 for average student loan debt per graduate. The No. 1 spot went to New Hampshire, where the average student loan debt of a college graduate was $36,367, according to the report.
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There were 17 states, including Ohio, that reported average debts above $30,000.
Colleges are not required to report student debt levels for graduates, according to the report. To estimate the state averages, the institute used the most recent data available which was voluntarily provided by more than half of all public nonprofit four-year schools.
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