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Report explores NH's high college debt

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October 8, 2013 11:11 AM EST | AP


CONCORD, N.H. — CONCORD, N.H. (AP) — A new report exploring why the average college debt in New Hampshire is the nation's highest points to high tuition, few low-cost options and limited state funding as key culprits.

The report, released Monday, was conducted by Brian Gottlob of PolEcon Research for Granite State Management Resources, which is part of the New Hampshire Higher Education Assistance Foundation. It found that 75 percent of New Hampshire students graduated with debt in 2011, average $32,440 per student.

One key factor is the state's limited number of low-cost public colleges and universities. Gottlob says that means there just isn't an easy out for parents and students looking to lower their costs.