EOM 06: Median Graduate Debt, 10 Year Trends

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Statewide Summary Total Private, Four-Year Institutions Total Public Four-Year Institutions Total Public Institutions Appalachian College of Pharmacy Averett University Blue Ridge Community College Bluefield University Bridgewater College Brightpoint Community College Central Virginia Community College Christendom College Christopher Newport University Danville Community College Divine Mercy University Eastern Mennonite University Eastern Shore Community College Eastern Virginia Medical School (Merged w/Old Dominion U) ECPI University (For-Profit) Edward Via College of Osteopathic Medicine Emory & Henry College Ferrum College George Mason University George Washington University Germanna Community College Hampden-Sydney College Hampton University Hollins University J Sargeant Reynolds Community College James Madison University Jefferson College of Health Sciences (Merged w/Radford U) Laurel Ridge Community College Liberty University Longwood University Mary Baldwin University Marymount University Mountain Empire Community College Mountain Gateway Community College New River Community College Norfolk State University Northern Virginia Community College Old Dominion University Patrick & Henry Community College Paul D Camp Community College Piedmont Virginia Community College Radford University Randolph College Randolph-Macon College Rappahannock Community College Regent University Richard Bland College Roanoke College Shenandoah University Southern Virginia University Southside Virginia Community College Southwest Virginia Community College Sweet Briar College Tidewater Community College University of Lynchburg University of Mary Washington University of Richmond University of Virginia University of Virginia's College at Wise Virginia Commonwealth University Virginia Highlands Community College Virginia Intermont College (CLOSED) Virginia Military Institute Virginia Peninsula Community College Virginia State University Virginia Tech Virginia Union University Virginia Wesleyan University Virginia Western Community College Washington and Lee University William & Mary Wytheville Community College

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Certificates, Less than 1 year Certificate, 1 to 2 years in length Associate's Degree (Bachelor Credit) Associate's Degree (Occupational/Technical Credit) Four-Year Bachelor's Degree Five-Year Bachelor's Degree First Professional Degree Master's Degree Doctor's Degree

Grand Total, All Reporting Institutions Four-Year Bachelor's Degree Graduates from Student Loans

The median education debt of graduates at this level of Grand Total, All Reporting Institutions has increased by -$1,910 or -7% over the 10-year time period between 2014-15 and 2023-24. The number of graduates with student debt has increased by -2,924 (-9%) and the average debt has increased by $1,133 (4%).

Median Debt Distributions There was a problem creating this chart. Click here to view the details. Server Side Error There was a problem creating this chart. Please refer to the detail log file.JSON Parse Failed There was a problem parsing JSON. Please copy exception and report it to system administrator.Server Response Error There was a problem connecting to the Server.The Server could be temporarily unavailable or too busy. Try again in a few moments. If you are unable to load any pages, check your computer's network connections. If your computer or network is protected by a firewall or proxy, make sure that browser is permitted to access the web.HighCharts Error There was a problem in HighCharts. Please copy exception and report it to system administrator. Known Debt at Graduation of Student Borrowers Year # Borrowers % of grads 25th Percentile Median Mean 75th Percentile 2014-15 34,297 62% $18,005 $26,910 $29,175 $36,251 2015-16 35,252 61% $18,344 $26,920 $29,748 $37,150 2016-17 35,128 61% $17,533 $26,720 $29,887 $37,145 2017-18 35,487 61% $17,564 $26,720 $29,917 $36,867 2018-19 35,673 60% $17,500 $26,716 $30,192 $36,750 2019-20 35,516 59% $17,250 $26,718 $30,543 $37,000 2020-21 36,283 59% $16,646 $26,175 $30,294 $36,830 2021-22 33,331 56% $15,935 $25,944 $30,239 $35,722 2022-23 32,467 55% $15,000 $25,733 $30,339 $35,244 2023-24 31,373 52% $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. There was a problem creating this chart. Click here to view the details. Server Side Error There was a problem creating this chart. Please refer to the detail log file.JSON Parse Failed There was a problem parsing JSON. Please copy exception and report it to system administrator.Server Response Error There was a problem connecting to the Server.The Server could be temporarily unavailable or too busy. Try again in a few moments. If you are unable to load any pages, check your computer's network connections. If your computer or network is protected by a firewall or proxy, make sure that browser is permitted to access the web.HighCharts Error There was a problem in HighCharts. Please copy exception and report it to system administrator. Percentage of Graduates by Range of Debt at Graduation Year $0 $1 to $10K $10K to $25K $25K to $50K $50K to $75K $75K to $100K $100 to $150K Above $150K 2014-15 38.1% 7.2% 19.1% 29.1% 5.1% 1.1% 0.43% 0.03% 2015-16 38.7% 6.9% 19.2% 28.0% 5.4% 1.3% 0.50% 0.04% 2016-17 39.0% 7.3% 19.3% 26.7% 5.5% 1.5% 0.61% 0.06% 2017-18 39.0% 7.1% 20.0% 26.4% 5.3% 1.5% 0.76% 0.07% 2018-19 40.2% 6.9% 20.0% 25.1% 5.2% 1.7% 0.83% 0.11% 2019-20 40.8% 7.1% 19.8% 24.4% 5.1% 1.8% 1.05% 0.10% 2020-21 41.2% 7.5% 19.7% 23.5% 5.1% 1.8% 1.02% 0.14% 2021-22 43.7% 7.5% 19.5% 21.6% 4.7% 1.7% 1.17% 0.18% 2022-23 45.2% 7.8% 18.8% 20.7% 4.3% 1.7% 1.24% 0.28% 2023-24 47.7% 7.8% 18.6% 18.7% 3.9% 1.7% 1.36% 0.30% Raw Number of Graduates by Range of Debt at Graduation Year $0 $1 to $10K $10K to $25K $25K to $50K $50K to $75K $75K to $100K $100 to $150K Above $150K 2014-15 21,117 3,975 10,572 16,099 2,802 597 237 15 2015-16 22,293 3,991 11,033 16,093 3,101 720 289 25 2016-17 22,483 4,202 11,128 15,393 3,177 841 352 35 2017-18 22,645 4,128 11,605 15,365 3,057 854 439 39 2018-19 23,969 4,133 11,946 14,971 3,073 987 497 66 2019-20 24,428 4,234 11,840 14,603 3,079 1,068 631 60 2020-21 25,472 4,650 12,138 14,517 3,180 1,084 627 87 2021-22 25,883 4,414 11,542 12,785 2,802 988 692 108 2022-23 26,833 4,624 11,124 12,270 2,525 1,022 736 166 2023-24 28,581 4,666 11,170 11,211 2,337 994 815 180