ERIC Number: ED377778
Record Type: Non-Journal
Publication Date: 1994-Nov
Reference Count: N/A
Characteristics of Students Who Borrow To Finance Their Postsecondary Education. Postsecondary Education Descriptive Analysis Reports. Statistical Analysis Report.
Choy, Susan B.
The report uses data from the 1989-90 National Postsecondary Student Aid Study (NPSAS:90) to examine the use of loans to finance postsecondary education. This survey provides detailed information about students' expenses for education, sources of funds, and types of financial aid received as well as information on students' demographic, socioeconomic, and enrollment characteristics. Data are presented separately for undergraduates, graduate students, and first-professional degree students and address: variations in borrowing by student and institutional characteristics; characteristics of borrowers and non-borrowers; and borrowing in relation to need and other financial aid. Some of the report's highlights include: (1) of the 16.3 million undergraduates enrolled in the 1989-90 academic year, 19 percent borrowed an average of $2,800 through student loan programs and 30 percent of those who were enrolled full time borrowed (also an average of $2,800); (2) the percentage who borrowed through student loan programs varied by type of institutions from a low of 13 percent for full-time undergraduates attending public less-then-4-year institutions to a high of 69 percent of students attending private, for-profit institutions; and (3) of the 2.3 million graduate and first-professional degree students enrolled in 1989-90, 17 percent borrowed an average of $8,600. Appendices containing a glossary and technical notes and methodology are included. Contains 47 tables and 10 figures. (JB)
Descriptors: College Students, Comparative Analysis, Degrees (Academic), Educational Finance, Graduate Students, Higher Education, Institutional Characteristics, Need Analysis (Student Financial Aid), Paying for College, Professional Education, Student Characteristics, Student Financial Aid, Student Loan Programs
U.S. Government Printing Office, Superintendent of Documents, Mail Stop: SSOP, Washington, DC 20402-9328.
Publication Type: Numerical/Quantitative Data; Reports - Research
Education Level: N/A
Sponsor: National Center for Education Statistics (ED), Washington, DC.
Authoring Institution: MPR Associates, Berkeley, CA.