EOM 01: Debt Profile: Student Loans 5 Years

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Grand Total, All Reporting Institutions
Four-Year Bachelor's Degree
Graduates from 2019-20 to 2023-24
Student Loans

Borrowers
Year	#	% of grads
2019-20	35,516	59%
2020-21	36,283	59%
2021-22	33,331	56%
2022-23	32,467	55%
2023-24	31,373	52%

Displays percent of graduates who borrowed.

Dispalys Known Debt at Graduation of Student Borrowers by Quartiles.

Known Debt at Graduation of Student Borrowers
Year	25th Percentile	Median	Mean	75th Percentile
2019-20	$17,250	$26,718	$30,543	$37,000
2020-21	$16,646	$26,175	$30,294	$36,830
2021-22	$15,935	$25,944	$30,239	$35,722
2022-23	$15,000	$25,733	$30,339	$35,244
2023-24	$14,844	$25,000	$30,307	$35,210

Note: The four-year bachelor’s degree mean and median debt levels reported on this site may differ from that reported by individual institutions. Many institutions report indebtedness based on the Common Data Set definition, which limits the indebtedness level reported to include only those students who entered the institution as first-time in college (FTIC) students. The inclusion of graduates who entered as transfer students may tend to lower the overall mean or median debt level because it does not include any debt that transfer students acquired while attending previous institutions outside Virginia and relatively few transfers from Virginia’s two-year colleges incur debt prior to transfer.

Full Legal Name - "Virginia Polytechnic Institute and State University" (Virginia Tech); "The College of William and Mary" (William & Mary)

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