Southeastern ranked among top 100 for low student loan debt
Tuesday, August 30, 2016 1
by: Rene Abadie
HAMMOND – Southeastern Louisiana University is among the top 100 universities in the
nation where parents of students hold the lowest level of PLUS Student Loan Debt,
according to the online newsletter “Student Loan Report.”
“A Southeastern degree consistently ranks as one of the best values in higher education. Our institution provides exceptional instruction while also being a comparably affordable financial decision for families,” said Southeastern President John. L. Crain.
Southeastern was named the No. 93 Most Affordable College for Students for 2015, according to the newsletter, which just released results of its 2016 Parent Student Debt Indicator (PSDI) Study. The PSDI calculates the average amount of PLUS student loan debt borrowed by parents per undergraduate student each year.
A PLUS student loan is a program created by the Department of Education that allows parents to borrow funds directly from the federal government to help meet the costs of an undergraduate education for dependent children.
The complete study can be found online at https://studentloans.net/parent-student-debt-indicator-2016/.