College Board Study on Student Financial Debt

Source: College Board

College Board Brief Focuses on Students with High Levels of Debt

Who Borrows Most? found that, of the 66% of bachelor’s degree recipients who graduated with debt, 25% borrowed $35,500 or more. High debt does not necessarily indicate that a student will have difficulty repaying the debt; many students with relatively low debt may struggle because of weak earnings or failure to complete a certificate or degree program. For example, the 10% of associate degree recipients who graduated with more than $20,400 in debt may be at least as vulnerable as the bachelor’s degree recipients with twice as much debt.