College & Workforce Readiness Report Roundup

Student Debt Growing at Moderate Rate

By Vaishali Honawar — June 30, 2005 1 min read
  • Save to favorites
  • Print

The percentage of students borrowing money to pay for college continues to grow, but a large number of students either do not borrow at all or graduate with only modest amounts of federal student debt, says a report from the American Council on Education.

“Federal Student Loan Debt: 1993 to 2004" is available from the American Council on Education.

The report from the Washington-based higher education advocacy group derives its conclusions from a federal study of student aid that examined data from the 1992-93 academic year to 2003-04. It found that more than 60 percent of all recipients of bachelor’s degrees graduated with some debt from federal student loans. The median amount borrowed over the course of pursuing a bachelor’s degree was $14,671 for graduates of public institutions and $17,125 at private institutions.

Related Tags:

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Classroom Technology Webinar
Seamless Integrations for Engagement in the Classroom
Learn how to seamlessly integrate new technologies into your classroom to support student engagement. 
Content provided by GoGuardian
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Recruitment & Retention Webinar
Be the Change: Strategies to Make Year-Round Hiring Happen
Learn how to leverage actionable insights to diversify your recruiting efforts and successfully deploy a year-round recruiting plan.
Content provided by Frontline
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Equity & Diversity Webinar
Critical Ways Leaders Can Build a Culture of Belonging and Achievement
Explore innovative practices for using technology to build an environment of belonging and achievement for all staff and students.
Content provided by DreamBox Learning

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

College & Workforce Readiness Teenager Balances Family Care, Work, and Credit Recovery on a Path to Graduation
Remote learning didn't start Gerilyn Rodriguez's academic problems, but it accelerated them.
3 min read
Gerilyn Rodriguez, 18, poses at Miami Carol City Park in Miami Gardens, Fla., on Aug. 19, 2022. After struggling with remote learning during the pandemic and dropping out of school, Rodriguez is now a student at Miami-Dade Acceleration Academies.
Gerilyn Rodriguez, 18, struggled with remote learning during the pandemic and dropped out of high school. A "graduation advocate" persuaded her to enroll in Miami-Dade Acceleration Academies in Miami, Fla.
Josh Ritchie for Education Week
College & Workforce Readiness What It Took to Get This Teenager Back on Track to Graduate
Nakaya Domina had been disengaging from school for years before she left Cimarron-Memorial High School in Las Vegas in 2019.
3 min read
Nakaya Domina pictured at her home in Las Vegas, Nev., on Aug. 12, 2022. After dropping out of school during the pandemic, she returned to a credit recovery program, where her "graduation candidate advocate" has helped her stay engaged. She expects to graduate this summer, and will then enter a postsecondary program in digital marketing.
Nakaya Domina dropped out of her public high school in Las Vegas in 2019 but managed to graduate this year with the help of a "graduation advocate" and a dropout recovery program.
Bridget Bennett for Education Week
College & Workforce Readiness Anxiety and Isolation Kept Him Out of School. How an Alternative Program Helped
After years of worsening anxiety that kept him from school, Blaine Franzel’s prospects for high school graduation are looking up.
3 min read
Blaine Franzel, 17, and his mother, Angel Franzel, pictured at their home in Stuart, Fla., on Aug. 15, 2022. After struggling during remote learning and dropping out of public school, Franzel is now thriving at an alternative school where he is learning about aviation.
Blaine Franzel, 17, and his mother, Angel Franzel, live in Stuart, Fla. After struggling during remote learning and dropping out of public school, Franzel is now thriving at an alternative school where he is learning about aviation.
Josh Ritchie for Education Week
College & Workforce Readiness 'Graduation Counselors' Go Door-to Door to Find Missing Students
On tree-lined streets and trailer parks, workers knock on doors to offer students a second chance at graduation.
6 min read
LaTosha Walker knocks on the door of a home where a student lives that has dropped out of school due to attendance records to talk to them about enrollment in Lowcountry Acceleration Academy in North Charleston on Tuesday, August 9, 2022.
LaTosha Walker, an enrollment coach for Lowcountry Acceleration Academy, knocks on the door of the home of a student who dropped out of school in Charleston, S.C.
Henry Taylor for Education Week