UD projects record 4-year grad rate, drop in student debt this spring

The University of Dayton is projecting this spring’s graduates will set a record for four-year graduation rates at the university. UD officials are also projecting this spring’s graduates will have significantly less student loan debt than previous grads.

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The University of Dayton is projecting this spring’s graduates will set a record for four-year graduation rates at the university. UD officials are also projecting this spring’s graduates will have significantly less student loan debt than previous grads.

This spring’s University of Dayton graduates are expected to bring with them a record four-year graduation rate and a “significant reduction” in student loan debt.

UD officials are projecting the record rate and debt decline because of a tuition guarantee that has been in place now since 2013.

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The university is projecting that students graduating this spring will owe between 20 and 25 percent less student loan debt on average than previous students, said Jason Reinoehl, UD vice president for enrollment management and marketing.

“That’s a significant reduction in student loan debt of our graduates,” Reinoehl said. “More students are graduating on time, with less debt.”

The university’s tuition model promises students they will pay the same price all four years in college and that there will be no hidden fees because they are lumped in with tuition. The students graduating this May will be the first to graduate with the tuition guarantee in place the entire time they were enrolled at UD.

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The tuition guarantee is also expected to help UD set a record four-year graduation rate, although Reinoehl said he was not yet able to provide specific details of the increase.

“We’re really excited about where we see this going,” Reinoehl said. “For sure we’re going to set an all time record for four-year graduation rates and for sure it’s going to be significant.”

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