The cost of higher education continues to increase year after year. And though concerns about student debt most often focus on undergraduate students, borrowing rates and average debt are greater among graduate and professional degree students. Their high levels of debt contribute significantly to aggregate student debt, and to understand the reasons and implications of this, AccessLex Institute and Urban Institute have released two research briefs, Financing Graduate and Professional Education: How Students Pay and Graduate and Professional School Debt: How Much Students Borrow.
These are the third and fourth in a collaborative series of research briefs on the various cost factors that impact student access and success in graduate school. And at a time when a cap not tied to cost of attendance has been proposed by Congress for federal loans taken by graduate students, how students pay and how much students pay are extremely timely questions that give this research tremendous resonance. Read the reports: