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Graduate borrowing makes up a growing share of today’s student loans, with about half of all student loan debt borrowed for graduate programs. Average graduate borrowing has grown by about 7 percent for master’s degrees and 11 percent for professional degrees over the last 5 years. Borrowing varies widely by field of study and institution type, and understanding debt trends for graduate study is key to ensuring that students can access high-quality graduate programs and see a fair return on their investment.
Our latest report is the first in a series on graduate student loan borrowing and is designed to help inform policymakers in developing equitable, multi-faceted solutions to alleviate the burden of student loan debt.
