Loan Borrowing:
Average Loan Amount Students Borrow Each Year

For the Year

Average Loan Amount that Undergraduate Students Borrow Each Year

Calculation

(Total dollars in FFELP Stafford subsidized, unsubsidized, and PLUS made to parents) + (Total dollars in William D. Ford Stafford subsidized, unsubsidized, and PLUS made to students) /Total number of loans from both programs

Sources/Links

FFELP loans: National Center for Education Statistics. FFELP Report, Total Loan Guarantees for Undergraduates Only. Washington, D.C.: U.S. Department of Education.

Direct loans: National Center for Education Statistics. Direct Loans to Undergraduates, Number of Loans and Gross Commitments. Washington, D.C.: U.S. Department of Education.

Data Availability/Discussion

Data are available and reported for 1999, 2001, and 2003. See Measuring Up: The State-By-State Higher Education Report Card for more details about sources and calculations: http://highereducation.org