Cameron University continues to excel at keeping student debt to a minimum, according to “U.S. News & World Report Best Colleges 2014.” Cameron is ranked ninth in the category of Least Debt, Class of 2012, among the 193 universities surveyed in the West region of those designated as Regional Universities and is 17th among all 621 Regional Universities surveyed.
Significantly, only 36 percent of Cameron graduates incurred debt, the lowest percentage in the West region and seventh lowest of all Regional Universities.
In tabulating debt load, the report includes loans taken out by students from colleges, private financial institutions and federal, state and local governments. Parents’ loans are not included.
“Cameron strives to keep the cost of a quality education affordable,” says President John McArthur. “Graduating with little or no debt plays a crucial role in a student’s post-college life. The fact that only 36 percent of our 2012 graduates incurred debt can be attributed to the increased financial assistance packages offered by Cameron. By continuing to add scholarship and tuition-waiver opportunities, we are doing what we can to decrease a student’s needs to obtain student loans.”
Since academic year 2001-02, Cameron has increased resident tuition waivers and scholarship funding by almost 300 percent, from $756,000 to this year’s $2,208,100. In addition, the Cameron University Foundation will provide almost $300,000 in scholarship funding this year. Foundation scholarships are made possible through the generosity of donors who earmark their contributions specifically to benefit students through scholarship funding.
U.S. News & World Report has been compiling data and publishing “Best Colleges” for more than 25 years. Cameron University is included in the West region of the Regional Universities category, which includes institutions that provide a full range of undergraduate majors and master’s programs.
September 25, 2013