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Higher Ed Examiner

The 50 U.S. Universities Where Parents Of Students Borrow The Most, 2018 List

Boston’s Berklee College of Music, one of the world’s most famous independent music schools, topped the list of universities where parents of students attending these institutions borrow the most, according to the U.S. News. Parents of Berklee students borrowed $35,388, on average, for the 2015-2016 school year.

The New York Film Academy (NYFA) came in second on the list. Parents who borrowed to send their kids to New York Film Academy in the 2015-2016 school year took on an average $34,001 in federal debt.

What is a parent PLUS loan?
A federally guaranteed parent loan that can be used to cover your child’s higher education costs.

Here are the top 50 U.S. universities where parents of students borrow the most:

1. Berklee College of Music, MA
Average Parent PLUS loan received: $35,388
3-Yr student loan repayment rate: 66%

2. New York Film Academy, NY
Average Parent PLUS loan received: $34,001
3-Yr student loan repayment rate: 54%

3. Dartmouth College, NH
Average Parent PLUS loan received: $33,748
3-Yr student loan repayment rate: 87%

4. New York University, NY
Average Parent PLUS loan received: $32,495
3-Yr student loan repayment rate: 77%

5. American Musical & Dramatic Academy, NY
Average Parent PLUS loan received: $31,573
3-Yr student loan repayment rate: 42%

6. School of Visual Arts, NY
Average Parent PLUS loan received: $31,499
3-Yr student loan repayment rate: 69%

7. California Institute of the Arts, CA
Average Parent PLUS loan received: $30,841
3-Yr student loan repayment rate: 64%

8. Georgetown University, DC
Average Parent PLUS loan received: $30,789
3-Yr student loan repayment rate: 87%

9. Embry-Riddle Aeronautical University, FL
Average Parent PLUS loan received: $30,725
3-Yr student loan repayment rate: 66%

10. Ringling College of Art & Design, FL
Average Parent PLUS loan received: $30,683
3-Yr student loan repayment rate: 67%

11. Art Center College of Design, CA
Average Parent PLUS loan received: $30,623
3-Yr student loan repayment rate: 73%

12. Spelman College, GA
Average Parent PLUS loan received: $30,060
3-Yr student loan repayment rate: 47%

13. Drexel University, PA
Average Parent PLUS loan received: $29,786
3-Yr student loan repayment rate: 77%

14. Savannah College of Art and Design, GA
Average Parent PLUS loan received: $29,586
3-Yr student loan repayment rate: 55%

15. Trinity College, CT
Average Parent PLUS loan received: $29,298
3-Yr student loan repayment rate: 81%

16. High Point University, NC
Average Parent PLUS loan received: $29,001
3-Yr student loan repayment rate: 69%

17. West Coast University, CA
Average Parent PLUS loan received: $28,840
3-Yr student loan repayment rate: 70%

18. Santa Clara University, CA
Average Parent PLUS loan received: $28,809
3-Yr student loan repayment rate: 84%

19. Rhode Island School of Design, RI
Average Parent PLUS loan received: $28,518
3-Yr student loan repayment rate: 89%

20. Bucknell University, PA
Average Parent PLUS loan received: $28,511
3-Yr student loan repayment rate: 89%

21. Pratt Institute, NY
Average Parent PLUS loan received: $28,457
3-Yr student loan repayment rate: 76%

22. Emerson College, MA
Average Parent PLUS loan received: $28,444
3-Yr student loan repayment rate: 80%

23. Texas Christian University, TX
Average Parent PLUS loan received: $28,315
3-Yr student loan repayment rate: 77%

24. New York Conservatory for Dramatic Arts, NY
Average Parent PLUS loan received: $28,250
3-Yr student loan repayment rate: 51%

25. Duke University, NC
Average Parent PLUS loan received: $28,183
3-Yr student loan repayment rate: 89%

26. Morehouse College, GA
Average Parent PLUS loan received: $28,126
3-Yr student loan repayment rate: 34%

27. Massachusetts Institute of Technology, MA
Average Parent PLUS loan received: $28,042
3-Yr student loan repayment rate: 92%

28. University of Southern California, CA
Average Parent PLUS loan received: $27,925
3-Yr student loan repayment rate: 81%

29. Colgate University, NY
Average Parent PLUS loan received: $27,825
3-Yr student loan repayment rate: 86%

30. Columbia University in the City of New York, NY
Average Parent PLUS loan received: $27,733
3-Yr student loan repayment rate: 76%

31. Loyola Marymount University, CA
Average Parent PLUS loan received: $27,667
3-Yr student loan repayment rate: 79%

32. Boston College, MA
Average Parent PLUS loan received: $27,661
3-Yr student loan repayment rate: 90%

33. The New School, NY
Average Parent PLUS loan received: $27,648
3-Yr student loan repayment rate: 65%

34. University of San Diego, CA
Average Parent PLUS loan received: $27,632
3-Yr student loan repayment rate: 78%

35. American Academy of Dramatic Arts, NY
Average Parent PLUS loan received: $27,463
3-Yr student loan repayment rate: 46%

36. Belmont University, TN
Average Parent PLUS loan received: $27,405
3-Yr student loan repayment rate: 76%

37. Digipen Institute of Technology, WA
Average Parent PLUS loan received: $27,285
3-Yr student loan repayment rate: 80%

38. Brown University, RI
Average Parent PLUS loan received: $27,182
3-Yr student loan repayment rate: 89%

38. Harvard University, MA
Average Parent PLUS loan received: $27,178
3-Yr student loan repayment rate: 70%

40. University of Chicago, IL
Average Parent PLUS loan received: $27,048
3-Yr student loan repayment rate: 86%

41. Quinnipiac University, CT
Average Parent PLUS loan received: $27,016
3-Yr student loan repayment rate: 82%

42. Wake Forest University, NC
Average Parent PLUS loan received: $26,987
3-Yr student loan repayment rate: 88%

43. Barnard College, NY
Average Parent PLUS loan received: $26,785
3-Yr student loan repayment rate: 89%

44. Tufts University, MA
Average Parent PLUS loan received: $26,729
3-Yr student loan repayment rate: 91%

45. Boston University, MA
Average Parent PLUS loan received: $26,559
3-Yr student loan repayment rate: 82%

46. Fordham University – Rose Hill Campus, NY
Average Parent PLUS loan received: $26,544
3-Yr student loan repayment rate: 77%

47. Washington and Lee University, VA
Average Parent PLUS loan received: $26,424
3-Yr student loan repayment rate: 88%

48. Northwestern University, IL
Average Parent PLUS loan received: $26,335
3-Yr student loan repayment rate: 87%

49. Stanford University, CA
Average Parent PLUS loan received: $26,320
3-Yr student loan repayment rate: 88%

50. American University, DC
Average Parent PLUS loan received: $26,231
3-Yr student loan repayment rate: 80%

Dr. Amarendra Bhushan Dhiraj

Dr. Amarendra Bhushan DhirajVerified account

CEO and editorial director at CEOWORLD Magazine
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, high net worth individuals, and the most globally powerful men and women.
Dr. Amarendra Bhushan Dhiraj

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