Cameron recognized for low student loan debt

Cameron University has been recognized for its successful efforts to minimize student loan debt.

The Student Loan Report compiled the numbers. Cameron ranked third in Oklahoma and 44th among public colleges and universities nationwide.

“Student debt is an unpleasant, yet sometimes unavoidable topic,” Enrollment Management and Student Success Vice President Jon Horinek said. “At Cameron University, we strive to keep student debt to a minimum by offering tuition waivers, financial assistance — including scholarships and grants — and part-time employment on campus to our students. While we are appreciative of this recognition, inadequate state funding continues to make it more difficult for us to maintain our commitment to affordability and low student debt."

The average student loan debt at Cameron is $9,533.10 — 25 percent less than the average in Oklahoma and nearly 44 percent less than the nationwide average. This average may rise, however, as the university had to raise tuition to cover a 16 percent cut in state appropriations last year.

“Our state’s pattern of continuing disinvestment in higher education directly impacts students, our economy and our future growth,” Horinek said. “We work hard every day to keep costs down, and we would love to see more students graduate debt-free. However, without adequate state funding, we have to make difficult choices.”