Report ranks universities on affordability

A report from Credit Summit dot com ranks the University of Georgia the 21st most affordable university in the US. The Credit Summit summary says it costs, on average, more than $43 hundred a month to be a student at UGA. First on the list is the University of Wisconsin at La Crosse. The average monthly cost there is a little more than $3 thousand.

From Credit Summit…

As college costs continue to soar, Credit Summit has researched the cheapest -- and the most expensive -- places to go to college in order to rack up the least debt.

The index of accommodation costs, college fees, loan availability, and other factors such as average rent and food costs revealed that in order to come away with the least debt students across the globe may be looking to head to the University of Wisconsin-La Crosse for college. The full US top table can be found here. Meanwhile, the other US tables can also be found here.

Rounding out the top 5 are:

The University of Wisconsin-Madison

Harrisburg University of Science and Technology in Harrisburg, Pa.

Florida State University in Tallahassee

University of Wyoming in Laramie

When it comes to the cities with the lowest average student loan debt, Las Cruces, N.M., tops the list, with an average student loan debt of $20,868. Tied for second are two California cities, Santa Barbara and Pasadena, at $21,125 each.

Meanwhile, if low crime rates are your primary concern, you may be looking to join The Tribe at the College of William & Mary in Williamsburg Va., which boasts the lowest crime score at 5. The University of California in Santa Barbara takes the second spot at 8.87 and the University of Oklahoma lands at number three with a score of 12.5.

To calculate the list, Credit Summit analyzed some of the top college towns in the United States, examining the costs of food, tuition, fees, accommodation, travel, and entertainment in each city.

Carter Seuthe, CEO of Credit Summit said: “For many people, going to college can be a stressful experience as well as an educational one, partially due to the financial pressures involved.

“There are many options when it comes to further education, including looking at opportunities and scholarships abroad to prevent from heading into debt.

The top 5 schools abroad in order to rack up the least debt as an international student are:

Ankara University in Turkey with an average annual cost of $9,186.

Anadolu University also in Turkey with a cost of $9,676.

Nanjing University, China, at $11,774.28.

West University of Timisoara, Romania at $12,176.

University of Buenos Aires at $12,595 annually.

“By considering going to college abroad students may actually be able to save in the long term,”  Seuthe said.

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