Analysis Traces Trends in Graduate Student Debt by Race and Ethnicity

May 29, 2018

Share this

Title: Examining Trends in Graduate Student Debt by Race and Ethnicity

Author: Robert Kelchen

Date: May 2018

Robert Kelchen, an assistant professor at Seton Hall University, recently wrote a blog post using the newly released NPSAS:16 data investigating graduate student debt by race and ethnicity.

The analysis reveals an overall decrease in the percentage of graduate students with student debt of $25,000 or less, including those with no student debt from 2000 to 2016. It also reveals an increase in the percentage of students with a debt amount of $50,000 to $99,999, and an even greater increase in the percentage of students with a debt amount of $100,000 or more.

Focusing on graduate student debt by race and ethnicity, the data show that the majority of Asian students have no debt, which has held steady since 2000. Comparatively, the percentage of white and Hispanic students with no debt decreased steadily between 2000 and 2016, and the percentage of black students with no debt dropped dramatically from 37 percent in 2000 to 17 percent in 2016.

The biggest takeaway from Kelchen’s analysis relates to the percentage of students with at least $100,000 in educational debt by race and ethnicity. The percentage of black graduate students with $100,000 or more in educational debt rocketed from around one or two percent in 2000, to 30 percent in 2016—the greatest increase of all racial/ethnic groups.

To read the full blog post, please click here.

If you have any questions or comments about this blog post, please contact us.

Keep Reading

Live Like a Student: UNI’s Financial Literacy Strategy Reduces Student Debt

The University of Northern Iowa has decreased student debt upon graduation by an average of $3,300 per borrower since 2010. President Mark Nook discusses the cornerstone of that success—Live Like a Student, the university’s counseling and financial literacy program.

January 3, 2018

Intercultural and International: Student Leadership Exchanges at VCUQatar

Valerie Jeremijenko, assistant dean for Student Affairs for Virginia Commonwealth University School of the Arts in Qatar (VCUQatar), discusses developing women’s leadership programing in the Middle East.

November 13, 2017

#EducateVeterans on Student Financial Aid

Since the passage of the Post-9/11 GI Bill in 2009, the United States has spent more than $53 billion to educate over 1.4 million military-connected students. However, a large share of veterans and other military-connected students do not receive VA/DoD education benefits or other financial aid to help pay for college. What can be done to ensure they get the support they need and are entitled to?

December 7, 2015