Average student debt of students at top U.S. universities 2023

In 2023, the average student loan debt of graduates of Northwestern University, ranked as the 9th best college in the United States, amounted to 34,309 U.S. dollars. For students at Princeton University, the best college in the U.S., they left college with student loan debt totaling 12,500 U.S. dollars on average.

Average student debt of students at the top 20 U.S. universities in 2023 (in U.S. dollars)

University (rank)	Average student debt in U.S. dollars
Northwestern University (9)	34,309
Vanderbilt University (18)	30,364
University of Notre Dame (20)	28,625
Cornell University (12)	28,408
University of Chicago (12)	28,068
University of Pennsylvania (6)	27,705
Duke University (7)	27,705
Brown University (9)	26,272
Massachusetts Institute of Technology (2)	25,556
Dartmouth College (18)	25,195
Stanford University (3)	20,691
Rice University (17)	19,623
University of California - Los Angeles (15)	17,920
Yale University (5)	17,910
Johns Hopkins University (9)	17,712
California Institute of Technology (7)	17,219
University of California Berkeley (15)	16,419
Harvard University (3)	13,683
Princeton University (1)	12,500

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Release date

September 2023

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Region

United States

Survey time period

Fall 2022*

Supplementary notes

*The ranking of universities can be found here. Average total indebtedness taken from the 2022 bachelor's degree graduating class.
Data for Columbia University was not available.

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