UB Students Among Lowest in Loan Debt

September 13, 2013 Updated Sep 13, 2013 at 9:54 PM EDT

By WKBW Admin

September 13, 2013 Updated Sep 13, 2013 at 9:54 PM EDT

BUFFALO (WKBW) The University at Buffalo now finds itself among the best public universities in the country when it comes to low loan debt for its graduates.

The national average, according to US News and World Report, for a graduating student is between 35 and 43 thousand dollars in student loan debt.UB averages just over 17 thousand dollars, good for third best in the country.

US News and World Report ranks the SUNY school as the third best public university for amount of loans owed by its graduates. According to the rankings, UB grads leave with around 23 thousand dollars less than the national average, with more than half of its graduates not owing anything at all

"From my college search, I will say UB is ratio-wise to other schools, more affordable," sophomore Davis Podkulski said.

"More bang for our buck. It's affordable, not a lot of debt coming out," junior Conor Lynch added.

But not all student we spoke to agreed with that sentiment.

"Overall it is just way too expensive," sophomore Michael Simon said.

So to combat the rising cost of higher education, President Obama laid out some potential solutions last month, while speaking at UB.

"We're going to be partnering with colleges to do more to keep costs down. We're going to work with states to make higher education a higher priority in their budgets," the president said.

For the full listing, head to http://colleges.usnews.rankingsandreviews.com/best-colleges