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The Top 50 Colleges with the Least Student Debt

The decision to go to college isn’t a small one. But if you play your cards right, your student loans can be.

Where can you go to school and graduate with the least amount of debt? Here’s our ranking of schools that have the lowest average student loans annually.

The average loan amount in the table below is the average annual loan amount a student at that school takes out, so the total amount of student loan debt an average student graduates with varies depending on how many years the student is in school.

Rank College Location Average Annual Loan Amount Overall Niche Grade Acceptance Rate
Rank 1
Location Dallas, TX
Average Annual Loan Amount $2,127
Overall Niche Grade C
Acceptance Rate 31.9%
Rank 2
College Berea College
Location Berea, KY
Average Annual Loan Amount $2,394
Overall Niche Grade A-
Acceptance Rate 32.8%
Rank 3
Location New York, NY
Average Annual Loan Amount $2,565
Overall Niche Grade A+
Acceptance Rate 15.06%
Rank 4
Location Kansas City, MO
Average Annual Loan Amount $2,805
Overall Niche Grade C+
Acceptance Rate 99.11%
Rank 5
Location Hobbs, NM
Average Annual Loan Amount $2,910
Overall Niche Grade C+
Acceptance Rate 65.78%
Rank 6
Location Syosset, NY
Average Annual Loan Amount $2,958
Overall Niche Grade B-
Acceptance Rate 78.79%
Rank 7
Location Flushing, NY
Average Annual Loan Amount $2,983
Overall Niche Grade B-
Acceptance Rate 73.93%
Rank 8
Location Chattanooga, TN
Average Annual Loan Amount $3,039
Overall Niche Grade B
Acceptance Rate 78.26%
Rank 9
Location Nashville, TN
Average Annual Loan Amount $3,150
Overall Niche Grade C
Acceptance Rate 97%
Rank 10
Location Manhattan, KS
Average Annual Loan Amount $3,190
Overall Niche Grade B-
Acceptance Rate 59.51%
Rank 11
Location Mount Pleasant, IA
Average Annual Loan Amount $3,289
Overall Niche Grade C+
Acceptance Rate 50.89%
Rank 12
Location Jamaica, NY
Average Annual Loan Amount $3,358
Overall Niche Grade C+
Acceptance Rate 41.01%
Rank 13
Location Boise, ID
Average Annual Loan Amount $3,446
Overall Niche Grade B-
Acceptance Rate 90%
Rank 14
Location Odessa, TX
Average Annual Loan Amount $3,446
Overall Niche Grade B-
Acceptance Rate 81.48%
Rank 15
Location Wheeling, IL
Average Annual Loan Amount $3,494
Overall Niche Grade B-
Acceptance Rate 76.38%
Rank 16
Location Brooklyn, NY
Average Annual Loan Amount $3,564
Overall Niche Grade C
Acceptance Rate 98.41%
Rank 17
Location Miami, FL
Average Annual Loan Amount $3,625
Overall Niche Grade C+
Acceptance Rate 39.53%
Rank 18
Location High Point, NC
Average Annual Loan Amount $3,646
Overall Niche Grade B-
Acceptance Rate 39.39%
Rank 19
Location Wellesley, MA
Average Annual Loan Amount $3,728
Overall Niche Grade A+
Acceptance Rate 28%
Rank 20
Location Portland, OR
Average Annual Loan Amount $3,751
Overall Niche Grade C+
Acceptance Rate 93.91%
Rank 21
Location Philadelphia, PA
Average Annual Loan Amount $3,786
Overall Niche Grade A+
Acceptance Rate 4.21%
Rank 22
Location Los Angeles, CA
Average Annual Loan Amount $3,798
Overall Niche Grade B-
Acceptance Rate 63.7%
Rank 23
Location Tuscaloosa, AL
Average Annual Loan Amount $3,801
Overall Niche Grade C
Acceptance Rate 41.92%
Rank 24
Location Dallas, TX
Average Annual Loan Amount $3,826
Overall Niche Grade B
Acceptance Rate 22.67%
Rank 25
Location Edinburg, TX
Average Annual Loan Amount $3,828
Overall Niche Grade B
Acceptance Rate 63.93%
Rank 26
Location Tuskegee, AL
Average Annual Loan Amount $3,855
Overall Niche Grade B-
Acceptance Rate 49.99%
Rank 27
Location Santa Paula, CA
Average Annual Loan Amount $3,871
Overall Niche Grade B+
Acceptance Rate 74.61%
Rank 28
Location Fort Smith, AR
Average Annual Loan Amount $3,899
Overall Niche Grade B-
Acceptance Rate 55.81%
Rank 29
Location Cedar City, UT
Average Annual Loan Amount $3,906
Overall Niche Grade B
Acceptance Rate 72.28%
Rank 30
Location Weatherford, OK
Average Annual Loan Amount $3,983
Overall Niche Grade B
Acceptance Rate 90.83%
Rank 31
Location Florence, AL
Average Annual Loan Amount $4,013
Overall Niche Grade B+
Acceptance Rate 55.74%
Rank 32
College Boston College
Location Chestnut Hill, MA
Average Annual Loan Amount $4,027
Overall Niche Grade A+
Acceptance Rate 31.14%
Rank 33
Location Durant, OK
Average Annual Loan Amount $4,041
Overall Niche Grade C+
Acceptance Rate 77.33%
Rank 34
Location Los Angeles, CA
Average Annual Loan Amount $4,059
Overall Niche Grade B
Acceptance Rate 85.92%
Rank 35
Location Laredo, TX
Average Annual Loan Amount $4,164
Overall Niche Grade B
Acceptance Rate 52.98%
Rank 36
Location Harrogate, TN
Average Annual Loan Amount $4,208
Overall Niche Grade B+
Acceptance Rate 50.2%
Rank 37
Location Pippa Passes, KY
Average Annual Loan Amount $4,244
Overall Niche Grade B-
Acceptance Rate 22.19%
Rank 38
Location Carson, CA
Average Annual Loan Amount $4,279
Overall Niche Grade B-
Acceptance Rate 47.91%
Rank 39
Location Brooklyn, NY
Average Annual Loan Amount $4,301
Overall Niche Grade C
Acceptance Rate 74.52%
Rank 40
Location Pasadena, CA
Average Annual Loan Amount $4,314
Overall Niche Grade A+
Acceptance Rate 8.07%
Rank 41
Location New York, NY
Average Annual Loan Amount $4,332
Overall Niche Grade A-
Acceptance Rate 30.67%
Rank 42
College Pitzer College
Location Claremont, CA
Average Annual Loan Amount $4,341
Overall Niche Grade A+
Acceptance Rate 13.74%
Rank 43
Location McPherson, KS
Average Annual Loan Amount $4,348
Overall Niche Grade C+
Acceptance Rate 53.64%
Rank 44
Location El Paso, TX
Average Annual Loan Amount $4,395
Overall Niche Grade B
Acceptance Rate 99.99%
Rank 45
Location Rexburg, ID
Average Annual Loan Amount $4,416
Overall Niche Grade B
Acceptance Rate 95.83%
Rank 46
Location Alva, OK
Average Annual Loan Amount $4,430
Overall Niche Grade B-
Acceptance Rate 43.77%
Rank 47
Location Bronx, NY
Average Annual Loan Amount $4,469
Overall Niche Grade B+
Acceptance Rate 32.48%
Rank 48
Location Bakersfield, CA
Average Annual Loan Amount $4,519
Overall Niche Grade B-
Acceptance Rate 67.82%
Rank 49
Location Princeton, NJ
Average Annual Loan Amount $4,520
Overall Niche Grade A+
Acceptance Rate 6.52%
Rank 50
Location Kapolei, HI
Average Annual Loan Amount $4,520
Overall Niche Grade B-
Acceptance Rate 68.06%
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Author: Ali Trachta

Ali is the Content Writer/Editor at Niche.