University of Texas System launches site that addresses student loan debt

Friday, January 17, 2014

Worried about whether that college degree will pay off for your kids in college? The University of Texas System has developed an interactive website called seekUT that provides parents and students with salary and debt statistics for actual graduates one and five years out.

The UT System’s Student Debt Reduction Task Force, convened by Chancellor Francisco Cigarroa, recommended the site in order to address the issue of growing student loan debt.

“Students across the United States have taken on unprecedented levels of college loan debt, creating a trend that’s neither desirable nor sustainable,” Cigarroa says. “At The University of Texas System, we are working on several paths to help reduce the debt load for our students, and we believe the accurate and timely information provided at seekUT will help students make informed decisions about their future.”

Through seekUT, current and prospective students and parents can access data for any one of the 15 institutions that make up the UT System, including the University of Texas at San Antonio and University of Texas Health Science Center at San Antonio. Parents and students can find out median earnings for graduates one and five years after completing a bachelor’s degree, average student loan debt, the percentage of graduates who further their education and labor market projections in Texas by occupation.

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