Island University Earns National Ranking for Low Student Debt

By Richard Guerrero | Published: August 23, 2019

Island University Earns National Ranking for Low Student Debt

CORPUS CHRISTI, Texas – When it comes to affordability, an education earned at Texas A&M University-Corpus Christi stands out for its ability to deliver quality academic programs at one of the most competitive tuition rates in both in Texas and in the United States. While this information has been common knowledge to Islanders for years, the news is now out to the wider world.

082319-lendEDU-accolades-low-student-debt-national-rankingLendEDU, an online marketplace for student-based financial products such as student loans, personal loans and credit cards, has published its 2019 Student Loan Debt by School by State Report, which lists Texas A&M-Corpus Christi as No. 5 in Lowest Average Student Debt Per Borrower Figure in Texas – about $18,000 per student in the Class of 2018. As a point of reference, the average national borrower from the Class of 2018 left their public institution campus with $27,524 in student loan debt.

082319-lendEDU-low-student-debt-texas-ranking“Texas A&M University-Corpus Christi is committed to keeping the cost of education attainable to all,” said Dr. Kelly M. Quintanilla, President and CEO of the Island University. “The institution and our generous donors provide millions of dollars annually for performance and need-based scholarships. Additionally, 99 percent of our students take advantage of our guaranteed four-year tuition rate.”

The Island University was also ranked No. 18 Lowest Average Student Debt Per Borrower among public higher education institutions across the U.S. and No. 38 Lowest Average Student Debt Per Borrower among 1,080 four-year private and public higher education institutions across the nation. 

The report utilizes information provided by Peterson’s Financial Aid Survey – which includes data such as proportion of graduates with student loan debt, number of bachelor’s degree recipients, and number of student loan borrowers – and is reported voluntarily by the colleges in universities listed in the report.