Tennessee graduates are less likely to have student loan debt than students in other states, and those who do owe less.

That good news comes from the new Project on Student Debt report, issued by the nonprofit Institute for College Access & Success.

The report shows that graduates of the University of Tennessee, Knoxville, have less debt than graduates from many of the state’s private colleges. UT graduates also averaged less debt than graduates from two of state’s public institutions, East Tennessee State University and the University of Memphis.

The report gathered information from public and private nonprofit institutions that grant bachelor’s degrees. The report looked at students who graduated in 2010.

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