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Debt of Graduating Students

(for Academic Years 2003-04 through 2012-13)

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Year of Graduation
Degree Level 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
Percent of Graduating Students with Debt                    
  Undergraduate 49.1% 48.5% 46.8% 48.2% 52.1% 54.3% 51.8% 54.4% 53.5% 50.5%
  Graduate 28.2% 30.7% 26.9% 26.8% 24.3% 25.4% 27.4% 28.6% 26.0% 24.5%
  Pharmacy1     63.9% 63.8% 64.5% 61.8% 64.4% 65.4% 64.7% 72.2%
  Veterinary Medicine 80.5% 86.8% 70.9% 73.1% 64.7% 59.3% 59.2% 67.6% 64.7% 89.1%
  All Students 44.4% 44.5% 43.1% 44.1% 46.6% 48.6% 47.3% 48.9% 47.5% 44.7%
Average Total Debt of Graduating Students with Debt                     
  Undergraduate $17,510 $18,978 $20,102 $21,636 $23,087 $23,924 $26,360 $27,286 $27,798 $29,121
  Graduate 28,999 31,901 24,935 27,459 27,966 29,788 34,673 36,675 41,357 36,927
  Pharmacy1     58,291 63,737 67,454 75,359 86,284 87,971 92,174 101,079
  Veterinary Medicine 72,095 72,652 70,231 80,615 80,203 91,919 103,057 94,842 109,788 120,580
  All Students $20,038 $21,990 $22,831 $24,845 $26,437 $26,806 $30,001 $31,545 $32,500 $33,606
Note: Graduate includes masters and doctoral students.
1Beginning in 2005-06, Graduate figures do not include pharmacy student data, due to the tendency of the pharmacy data to skew the overall graduate figures.
                       

Students Graduating with Debt and Average Total Debt

Source: Division of Financial Aid