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Table F8. HIGH DEBT BURDEN: Percentage of first-time bachelor's degree recipients with ratio of monthly payments to monthly income over 12 percent among those who borrowed for their undergraduate education and were repaying their loans 1 year after graduation, by degree-granting institution type: 1994, 2001, and 2009

Degree-granting institution type 1994 2001 2009
  Total 22 18 31
Public 4-year 17 14 26
Private nonprofit 4-year 32 25 39
For-profit 4-year 35
‡ Reporting standards not met.

NOTE: Estimates include students enrolled in Title IV eligible postsecondary institutions in the 50 states, the District of Columbia, and Puerto Rico. They do not include graduates who were unemployed. Standard error tables are available at

SOURCE: U.S. Department of Education, National Center for Education Statistics, 1993/94, 2000/01, and 2008/09 Baccalaureate and Beyond Longitudinal Studies (B&B:93/94, B&B:2000/01, and B&B:08/09).