Growth of Annual Student Borrowing Outpaces Growth in Students

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October 6, 2014

The Changing Profile of Student Borrowers

Growth of Annual Student Borrowing Outpaces Growth in Students

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Growth of Annual Student Borrowing Outpaces Growth in Students

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The Changing Profile of Student Borrowers
Share of College Graduates From High-Income Families who Borrow Has Doubled
Typical Total Student Debt for Recent Graduates who Borrowed More Than Doubled
The Share of College Graduates Borrowing Has Sharply Increased
The Likelihood of Borrowing Has Increased Most Among Graduates From High-Income Families
The Likelihood of Borrowing Has Increased Most among Graduates with College-educated Parents
Female Graduates Now More Likely to Borrow Than Male Graduates
Borrowing Rates, by Gender and Family Income Quartile
The Growth in Borrowing Has Been More Acute Among Affluent and Among Women
Median Cumulative Debt by Borrowers Has Increased Regardless of Parental Income
Increase in Total Indebtedness Has Grown Across the Board
Shares of the Student Debt Owed by Graduates of Each Class
Graduates With the Least-educated Parents Owe a Diminishing Portion of the Debt Owed
Median Cumulative Debt of Borrowers, by Parental Education
Median Cumulative Debt of Borrowers, by Gender
Ownership of Student Debt Incurred, by Gender

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