College students are accumulating increasing amounts of debt while they pursue their degrees. This debt has a significant economic affect as the new graduates strive to begin their life after graduation. Nationally, the mean debt of recent graduates from all public 4-year institutions was $27995. How does the loan debt of recent graduates of North Carolina's public colleges and universities compare to student loan debt nationally? To answer this question, use the data in this Excel file Student Debt Recent UNC System Grads that shows the student debt of recent graduates from 12 UNC System schools to perform the hypothesis test: H0: μ = 27995, Ha: μ < 27995 where μ is the mean student loan debt of all recent graduates from UNC System schools.