Percent of UW-Madison graduates who take on student debt decreases

Logan Wroge::

Fewer UW-Madison graduates left the university with debt in 2016 compared to the previous year.

Of students who earned a bachelor’s degree in the 2015-16 academic year, 53.4 percent graduated with no debt, a 3 percent increase from the previous year, according to a report released Tuesday from the university’s Office of Student Financial Aid, though some graduate and professional students saw their average debt increase.

For undergraduates who took out student loans, the average amount of debt declined from $28,768 in 2015 to $28,255 in 2016, according to the report.