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First Look at Graduate Student Borrowing at ISU

2013-10-28 , Ogilvie, Craig , Ogilvie, Craig , Forbes, Gregory , Schindel, Karl , Mosley, Lawrence , Graduate College

Main points: 40–45% of US masters students across ISU take out a loan in a given semester; By the end of two years, masters students who take out loans have ~$25,000 debt, 45% of US PhD students across ISU take out a loan in a given semester; By the end of five years, PhD students who take out loans have ~$32,000 debt; PhD, masters students on assistantships take out more loans.