First Look at Graduate Student Borrowing at ISU

Ogilvie, Craig; Forbes, Gregory; Schindel, Karl; Mosley, Lawrence

First Look at Graduate Student Borrowing at ISU

File

2013_OgilvieCA_FirstLookGraduate.pdf (606.47 KB)

Date

2013-10-28

Authors

Ogilvie, Craig

Forbes, Gregory

Schindel, Karl

Mosley, Lawrence

Department

Graduate College

Abstract

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.