Re:How America's universities became debt factories
by lapcat on Saturday September 14, 2024 @04:23PM
(#41542557)
It looks like graduate debt was approaching the majority and could in fact be a majority in 2024: "If these trends continue, graduate loan disbursements may exceed undergraduate disbursements in the next few years." https://sites.ed.gov/ous/files/2023/08/OCE_GraduateDebtRepor...
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Re:How America's universities became debt factories
by TeaBrain on Saturday September 14, 2024 @04:35PM
(#41542636)
You're conflating current disbursements with the outstanding debt, which is what the original assertion was on. Either way it is looked at though, their assertion is wrong.
Re:How America's universities became debt factories
by lapcat on Saturday September 14, 2024 @04:42PM
(#41542698)
> You're conflating current disbursements with the outstanding debt
No, I was just googling for stats, and that's what I was able to find. Here's something else though: "46% of federal student loan debt belonged to graduate student borrowers in 2017." https://educationdata.org/average-graduate-student-loan-debt