Students Graduate With Low Burden of Debt

by Jennifer Taggart, Public Relations Writer

Cedarville University was ranked 17th out of 50 Christian colleges for having the “Lowest Debt Burden,” according to Christian Universities Online.
 
“We are trying to cut back on internal costs so we can save money for our students,” said Kim Jenerette, executive director of financial aid. “We have significantly increased institutional scholarships and grants over the past five years.”
 
The criteria for the rankings were the cumulative amount of debt of each school’s 2013 graduating class and the percentage of students who took out loans. According to U.S. News & World Report, 65 percent of Cedarville’s class of 2013 took out loans and the average debt was $29,390. One year later, the class of 2014 graduated with an average debt of $22,000−$10,000 less than the national average. The data includes all loans except for parental loans.

According to Jenerette, Cedarville’s senior leadership team is focused on making college affordable. There was no tuition increase for 2014-15.

Located in southwest Ohio, Cedarville University is an accredited, Christ-centered, Baptist institution with an enrollment of 3,620 undergraduate, graduate and online students in more than 100 areas of study. Founded in 1887, Cedarville is recognized nationally for its authentic Christian community, rigorous academic programs, strong graduation and retention rates, accredited professional and health science offerings and leading student satisfaction ratings.