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12/26/2012 12:21 pm ET

10 Colleges Where Graduates Have the Least Debt: US News And World Report

Alamy

Who wants debt when they graduate college? No one.

U.S. News and World Report recently ranked the colleges with the least debt. Alice Lloyd College, a women's liberal arts school in Kentucky, topped the list. How did this little liberal arts college accomplish such a feat?

The Report has more:

At 10 colleges on the list below, borrowers owed an average of about $10,000 or less at graduation. Kentucky's Alice Lloyd College graduated the class with the lowest average debt of any institution: the 34 percent of students who borrowed owed an average of just $3,750 at graduation in 2011.

Alice Lloyd is one of several schools on this list with programs that help students cut down on debt. The institution grants free tuition to students from the Appalachian Service region, which includes districts in Kentucky, West Virginia, Ohio, Virginia and Tennessee. Another Kentucky college on the list below, Berea College, allows all students to work on campus in exchange for free tuition.

Check out our slide show of the 10 colleges that graduate students with the least debt. Then tell us, what do you think of this list? Weigh in below!

10 Colleges Where Graduates Have the Least Debt
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