Leading the world in graduate debt

Graduates in England have more debt than their peers in the US, Canada, Australia and New Zealand, according to the Sutton Trust. It said that the average English graduate owes £44,000, whereas the average debts in the other countries ranged from £15,000 to £29,000. American graduates, on average, owe between £20,500, for students at public or private non-profit universities, and £23,000, for those at private for-profit universities. Canadian graduates owe on average £15,000, Australian graduates £20,900, and graduates from New Zealand £23,300.