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32% of 2023 graduates had any debt at all; the average total indebtedness (over all four (or more) years) of that 32% was $15,896[0]. Not bad for a school that costs $86,886 _per year_[1].

One should also note that "[s]tudents from families making $90K or below, will receive a no loan financial aid package (package will consist of grants and work-study)" and "[a]t least 20% of first-year students in the past three incoming class were Pell eligible students." [2]

[0] https://www.finaid.caltech.edu/typesofaid/loans/disclosure

[1] https://www.finaid.caltech.edu/documents/25301/2324_tuitionf...

[2] https://www.admissions.caltech.edu/afford