Among 1992–93 bachelor’s degree recipients who had no additional degree enrollment and were repaying undergraduate loans, average monthly payment amount and percentage distribution of monthly payments, by amount borrowed and salary: 2003

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Table 9. Among 1992–93 bachelor’s degree recipients who had no additional degree enrollment and were repaying undergraduate loans, average monthly payment amount and percentage distribution of monthly payments, by amount borrowed and salary: 2003

			Amount of monthly payment
Amount borrowed and salary	Average payment amount	Median payment amount	Less than $100	$100– 149	$150– 199	$200– 249	$250 or more

Total	$150	$130	27.4	30.4	17.2	13.9	11.1

Amount borrowed (undergraduate)
Less than $5,000	100	60	69.8	14.0	2.7	4.6	8.8
$5,000–9,999	100	100	52.4	28.0	12.2	4.2	3.3
$10,000–14,999	140	130	20.2	44.2	19.7	10.9	5.1
$15,000 or more	200	180	11.3	22.7	20.5	24.0	21.6

Salary in 2003
Lowest	130	120	33.7	31.8	13.4	13.3	7.8
Low middle	160	150	24.4	21.3	19.4	25.3	9.6
High middle	160	140	29.4	31.1	20.2	4.9	14.3
Highest	150	120	20.0	41.4	15.5	10.6	12.5

NOTE: Detail may not sum to totals because of rounding. Estimates include students from the 50 states, DC, and Puerto Rico.
SOURCE: U.S. Department of Education, National Center for Education Statistics, 1993/03 Baccalaureate and Beyond Longitudinal Study (B&B:93/03).