Ohio ranks 7th in U.S. for college student debt

A nonprofit research institute has found the share of Ohio students who take out loans to pay for college and their average debt ranks among the highest in the country, the Akron Beacon Journal reports.

Institute of College Access and Success ranks Ohio No. 7 in the country in both categories, the newspaper reports. The average debt at graduation for Ohio college students is $27,713, and 68 percent borrow to pay for school.

The largest jump in debt at a public Ohio school during the past decade came at the University of Cincinnati? ? University of Cincinnati Latest from The Business Journals Over-the-Rhine to be hub of innovation for CintrifuseCincinnati manufacturing growth rebounds in JuneMario San Marco impacts city skyline, range of causes Follow this company , where the average debt increased by 58 percent to $26,500, the newspaper reports. The state's average debt is $27,700, and the national average is $25,250.

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