How does student loan debt and default rates at Arizona State University - Downtown Phoenix compare to the national average, and how could this impact your future? Scroll down the page for answers.
Freshmen At Arizona State University - Downtown Phoenix Take Out an Average of $6,861 in Loans in Their First Year
At Arizona State University - Downtown Phoenix, 54.0% of incoming students take out a loan to help defray freshman year costs, averaging $6,861 a piece. This amount includes both private and federally-funded student loans.
The average federal loan is $5,365, which is 97.5% of the first-year borrowing cap of $5,500* for the typical first-year dependent student.