Loan Debt Distribution

Paying for College
1

<p>Where can I find information regarding loan debt distribution - by that I mean something like: " Of students receiving bachelor degrees in 2009, X% graduated with no debt, Y% graduated with debt between $1 and $10000, Z% graduated with debt between $10001 and $20000," etc. etc. I often see statements about the average debt of students who graduate with debt, but it would be interesting to see a more detailed breakdown.</p>

2

<p>There really isn’t going to be an accurate distribution because not all student debt is from federal student loans.</p>

<p>Some kids are responsible for their Parent Plus loans</p>

<p>Some kids use credit cards for school debt.</p>

<p>Some kids use private loans.</p>

<p>Some kids borrow directly from family/relatives.</p>

<p>Some kids use federal loans.</p>

<p>I don’t think there is any place that keeps track of all these student debt sources.</p>

<p>I think that the NYT posted that the avg debt at graduation is $20k for kids who went to publics and $25k for privates…but I think that just includes fed student loans…</p>

3

<p>Does that mean that all of the news articles (and there are a lot of them) that talk about average student loan debt are inaccurate or meaningless?</p>