Percentage of full-time, full-year dependent undergraduates who took out loans, and among those who borrowed, average amount, by family income and type of institution: 1989–90 and 1999–2000
|
|---|
| |
Percentage with loans
|
|
Average amount
|
Family income
and type of institution |
1989–90 |
1999–2000 |
|
1989–90 |
1999–2000 |
|
| Total |
30.1 |
45.4* |
|
$3,900 |
$6,100* |
| Family income |
|
|
|
|
|
| Lowest quarter |
46.0 |
48.9 |
|
3,500 |
5,200* |
| Lower middle quarter |
35.8 |
50.0* |
|
3,800 |
5,700* |
| Upper middle quarter |
27.5 |
49.3* |
|
4,200 |
6,400* |
| Highest quarter |
13.1 |
34.5* |
|
4,800 |
7,400* |
| |
|
|
|
|
|
| Type of institution |
|
|
|
|
|
| Public 2-year |
8.2 |
14.2* |
|
2,200 |
3,200* |
| Public 4-year |
26.0 |
46.6* |
|
3,300 |
5,300* |
| Private not-for-profit 4-year |
44.7 |
63.1* |
|
4,500 |
7,600* |
| Private for-profit less-than-4-year |
66.1 |
74.4 |
|
4,700 |
7,200* |
|
*Represents statistically significant change from 1989–90.
|
NOTE: Includes all student borrowing through federal, state, institutional, and private loan programs, and parental borrowing through the Parent Loan for Undergraduate Students (PLUS) program.
|
SOURCE: Wei, C.C., Li, X., and Berkner, L. (2004). A Decade of Undergraduate Student Aid: 1989–90 to 1999–2000 (NCES 2004–158), tables 7, A-1.6, A-2.6, A-3.6, and A-4.6. Data from U.S. Department of Education, NCES, 1989–90 and 1999–2000 National Postsecondary Student Aid Studies (NPSAS:90 and NPSAS:2000).
|
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