Literaturnachweis - Detailanzeige
| Autor/in | Williams-Wyche, Shaun |
|---|---|
| Institution | Minnesota Office of Higher Education |
| Titel | Cumulative Median Student Loan Debt in Minnesota, 2016 |
| Quelle | (2017), (35 Seiten)
PDF als Volltext kostenfreie Datei |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Monographie |
| Schlagwörter | Quantitative Daten; Debt (Financial); Student Loan Programs; Student Financial Aid; Postsecondary Education; Loan Repayment; College Students; State Colleges; Private Colleges; Public Colleges; Associate Degrees; Bachelors Degrees; Masters Degrees; Doctoral Degrees; Loan Default; Paying for College; Certification; Minnesota |
| Abstract | This report details the amount of student loans by institution type and award type (the type of postsecondary credential, e.g., a certificate or bachelor's degree), along with the percentage of graduates with loans for the 2011-12 to 2015-16 academic years. The Office surveyed degree-granting Minnesota institutions to obtain median cumulative student loan debt by type of certificate/degree. In this report, cumulative median student loan debt ("cumulative median debt") refers to the median amount of debt incurred by a student while attending a specific institution and pursuing a specific postsecondary credential. The debt figures include debt from federal, state, and private sources that is known to the institutions. The data submitted by the institutions shows that student loan debt is trending in different directions based on award type. Since 2012, cumulative median debt has declined across all undergraduate awards, while over the same period, student loan debt has increased across all graduate awards. Other findings in the report include: (1) Student debt amounts increased as the award type and the length of the program increased; (2) Fewer students, across all award types, are borrowing to finance their postsecondary education; (3) For associate and bachelor's degrees, students graduating from for-profit institutions typically have higher median student loan debt rates than students at public and private non-profit institutions; and (4) Minnesota's default rate continues to stay below the national default rate and lower than neighboring states. [For "Cumulative Student Loan Debt in Minnesota, 2015," see ED572307.] (ERIC). |
| Anmerkungen | Minnesota Office of Higher Education. 1450 Energy Park Drive Suite 350, St. Paul, MN 55108-5227. Tel: 800-657-3866; Tel: 651-642-0567; Fax: 651-642-0675; Web site: http://www.ohe.state.mn.us |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
| Update | 2024/1/01 |
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