Monday, March 20, 2017
SU Named Among Top Campuses for Positioning Students to Successfully Repay LoansSALISBURY, MD---Salisbury University is among the top campuses in Maryland for positioning students to successfully repay college loans, according to a recent study by Student Loan Report.
The website ranked SU No. 4 in the state (No. 214 in the nation) according to its Student Debt Repayment Success Indicator. Only John Hopkins University; the University of Maryland, College Park; and the University of Maryland, Baltimore County scored higher.
Student Loan Report’s formula calculates student debt repayment success based on factors including average debt incurred, early career pay and loan default rate. According to the study, SU’s students graduate with an average of $$25,376 in debt (compared to the national average of $30,100 for public institutions), with an average annual early career salary of $44,800.
“SU is proud to support our amazing students in making their dreams possible,” said Aaron Basko, assistant vice president for enrollment management. “Our students are investing in themselves and achieving great outcomes – in jobs, graduate schools and national fellowships. Best of all, they are getting an education that pays them back.”
Salisbury “is clearly doing a great job at giving students the best chance to successfully repay their student debt,” said Drew Cloud, founder of Student Loan Report. “Student loan debt is holding back so many of our nation’s young adults, and it is refreshing to see schools like [SU] making a difference.”
For the full report, visit https://studentloans.net/student-debt-repayment-success-indicator-2017/#tab-con-20.
For more information call 410-543-6030 or visit the SU website at www.salisbury.edu.