Concordia University Chicago (CUC) has been nationally recognized by LendEDU for having one of the lowest student loan debt figures for the class of 2019. CUC’s average student debt per borrower ranked sixth-lowest in the state of Illinois.
“Concordia University Chicago is committed to decreasing student dependency on loans,” said Jeff Hynes, senior vice president for advancement at CUC. “On the heels of our ranking as one of Money magazine’s ‘Best Colleges for Your Money,’ this recognition by LendEDU provides further validation of the high value that our students receive.”
The University provides financial aid to 100 percent of its full-time, undergraduate students through a robust series of merit scholarships and admission awards. As a result, CUC remains one of the most affordable universities in the Midwest.
“[T]he coronavirus pandemic has students and parents weighing the true value of higher education and the financial burden of student loan debt that usually comes with earning a degree,” LendEDU said in their report. “By publishing the Student Loan Debt by School by State Report each year, it is our hope that both current and future college students, in addition to lawmakers and education administrators, can have productive conversations about student loan debt and the cost of college in the U.S.”
LendEDU derived their data from the annual Peterson’s financial aid dataset. To view their full report and methodology, visit lendedu.com/student-loan-debt-by-school-by-state-2020.