Report says UWL grads leave school with less debt than most students

LA CROSSE, Wis. (WKBT) - A new study shows graduates of UW-La Crosse are doing a better job of avoiding debt than most college students in the state.

The report from LendEDU found 69 percent of 2016 grads at UWL came away with some amount of student debt -- lower than every school in the UW System other than UW-Madison.

The average student debt per borrower at UWL was a little less than $26,500, according to LendEDU, also among the lowest in the UW System.

Officials at UWL credit initiatives like their "It Make$ Cents" financial literacy program for helping teach students early how to handle their debt.

"Our students are making wiser decisions about how much to borrow, when to borrow it, paying back things sooner, paying interest as they go and I really think that program has helped educate them on that," said UWL Loan Programs Coordinator Terry Micks.

UWL says they also offer a scholarship resource center to help students seek out and apply for scholarships as another way to keep borrowing levels low.

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