Memphis Grad Debt Drops But Balances Rise | Memphis Tigers Basketball News
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Memphis Grad Debt Drops But Balances Rise | Memphis Tigers Basketball News
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At the University of Memphis, student loan debt among graduates has dropped from 65% in 2018 to just over 52% by 2025—surpassing the school’s own goals. But while fewer students are borrowing, those who still take loans are carrying an average debt load that’s creeping back up to over $26,000. This reveals a deeper challenge: reducing borrower numbers isn’t enough. Students who do borrow are ending up with more debt than intended—even after adjusting for inflation. The university’s progress is real, but the next hurdle is ensuring affordability for all students, not just those who avoid loans.
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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.dailyhelmsman.com/article/university-of-memphis-student-debt-rate-decreasing-20260916
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