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Table 4. Among 1992–93 bachelor’s degree recipients with graduate degree enrollment, percentage who borrowed for graduate education and, among borrowers, average amount and percentage distribution of amount borrowed for graduate education, by student and institutional characteristics: 2003 |
|---|
| Amount borrowed |
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| Student and institutional characteristics | Percent who borrowed |
Average amount |
Less than $10,000 |
$10,000– 14,999 |
$15,000– 29,999 |
$30,000– 54,999 |
$55,000 or more |
| Total | 44.8 | $33,200 | 23.2 | 10.3 | 27.0 | 20.1 | 19.4 |
| Type of degree-granting institution | |||||||
| Public 4-year | 44.4 | 31,200 | 25.5 | 10.2 | 26.9 | 19.3 | 18.1 |
| Non-doctorate-granting | 40.0 | 25,000 | 27.3 | 11.3 | 32.4 | 18.3 | 10.7 |
| Doctorate-granting | 46.5 | 33,900 | 24.7 | 9.7 | 24.6 | 19.8 | 21.2 |
| Private not-for-profit 4-year | 45.9 | 36,600 | 20.3 | 10.3 | 25.7 | 21.8 | 21.8 |
| Non-doctorate-granting | 46.1 | 31,300 | 24.8 | 8.9 | 27.5 | 21.6 | 17.1 |
| Doctorate-granting | 45.7 | 42,300 | 15.5 | 11.8 | 23.8 | 22.1 | 26.8 |
| Other | 41.3 | 31,900 | 11.2 | 11.2 | 43.2 | 15.7 | 18.8 |
| Undergraduate major | |||||||
| Business and management | 34.3 | 28,700 | 28.1 | 7.1 | 28.9 | 19.4 | 16.5 |
| Education | 34.3 | 23,000 | 37.4 | 12.5 | 25.5 | 12.9 | 11.8 |
| Engineering, mathematics, or science | 47.1 | 47,400 | 19.1 | 8.7 | 19.2 | 19.7 | 33.4 |
| Humanities or social sciences | 52.8 | 32,800 | 20.0 | 8.5 | 31.3 | 21.5 | 18.7 |
| Other | 47.4 | 28,100 | 21.6 | 14.3 | 28.0 | 22.9 | 13.2 |
| Amount borrowed (undergraduate) | |||||||
| Did not borrow | 36.0 | 36,900 | 19.3 | 7.7 | 26.5 | 22.7 | 23.9 |
| Less than $5,000 | 45.7 | 30,300 | 29.7 | 9.5 | 28.4 | 17.3 | 15.2 |
| $5,000–9,999 | 56.3 | 29,200 | 28.0 | 13.0 | 31.0 | 12.9 | 15.1 |
| $10,000–14,999 | 54.7 | 28,700 | 25.7 | 16.1 | 23.6 | 19.4 | 15.3 |
| $15,000 or more | 58.4 | 35,100 | 18.7 | 9.9 | 25.3 | 24.9 | 21.3 |
| Highest enrollment after bachelor’s | |||||||
| degree by 2003 | |||||||
| Master’s degree | 37.9 | 19,900 | 30.0 | 13.2 | 33.5 | 18.9 | 4.5 |
| Doctoral degree | 63.1 | 43,700 | 18.3 | 7.6 | 21.6 | 21.1 | 31.5 |
| First-professional degree | 71.8 | 69,200 | 4.6 | 2.6 | 9.4 | 23.6 | 59.9 |
| Highest degree earned by 2003 | |||||||
| Bachelor’s degree | 32.3 | 23,300 | 36.2 | 11.6 | 26.6 | 14.4 | 11.4 |
| Master’s degree | 45.4 | 22,900 | 23.9 | 12.6 | 34.9 | 22.7 | 5.9 |
| Doctoral degree | 64.3 | 44,100 | 21.4 | 9.6 | 14.7 | 19.1 | 35.2 |
| First-professional degree | 78.8 | 75,500 | 2.0 | 1.1 | 8.2 | 21.6 | 67.1 |
| NOTE: Graduate includes first-professional. Detail may not sum to totals because of rounding. Estimates include students from the 50 states, DC, and Puerto Rico. |
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| SOURCE: U.S. Department of Education, National Center for Education Statistics, 1993/03 Baccalaureate and Beyond Longitudinal Study (B&B:93/03). |
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