By Susan Larson. File photo copyright Fredericksburg.Today.
The University of Mary Washington ranked first in Virginia and 44th in the nation on the first annual Student Debt Repayment Success Indicator (SDRSI), a study conducted by the Student Loan Report.
The SDRSI includes three metrics:
1 – Student Debt Per Borrower
2 – Early Career Pay
3 – Default Rate
A larger value indicates a greater chance of success in student loan repayment. “Graduates from schools with high SDRSI scores tend to have higher salaries, lower debt, and lower default rates,” the study reported.
The two other Virginia universities in the top 100 nationally were Washington and Lee University (46th) and the University of Virginia (74th).
According to the report, the average borrower from the class of 2015 graduated with $27,857 in student debt.
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