{"id":294,"date":"2017-11-20T14:38:06","date_gmt":"2017-11-20T14:38:06","guid":{"rendered":"https:\/\/www.macalester.edu\/financial-aid\/avgdebt\/"},"modified":"2025-04-01T16:12:33","modified_gmt":"2025-04-01T16:12:33","slug":"avgdebt","status":"publish","type":"page","link":"https:\/\/www.macalester.edu\/financial-aid\/loans\/studentloansatmac\/avgdebt\/","title":{"rendered":"Student Loans at Mac"},"content":{"rendered":"

Each year, Macalester publishes the percentage of graduates who borrowed a student loan at Macalester and, for those who borrowed, the average total student loan principal at graduation. These data are published in the Common Data Set<\/a>.<\/p>\n\n\n\n

Recent classes:<\/h2>\n\n\n\n
Graduating Class<\/th>Percent Who Borrowed<\/th>Mean Amount Borrowed*<\/th>Middle 50% (25th%ile to 75th%ile)*<\/strong><\/th><\/tr>
2024<\/td>52.0%<\/td>$24,601<\/td>$12,000 – $29,446<\/td><\/tr>
2023<\/td>52.2%<\/td>$22,381<\/td>$10,000 – $27,000<\/td><\/tr>
2022<\/td>57.9%<\/td>$21,841<\/td>$12,000 – $27,000<\/td><\/tr>
2021<\/td>61.2%<\/td>$25,181<\/td>$15,000 – $27,068<\/td><\/tr>
2020<\/td>58.5%<\/td>$24,578<\/td>$15,000 – $27,856<\/td><\/tr>
2019<\/td>59.4%<\/td>$23,060<\/td>$13,500 – $28,000<\/td><\/tr>
2018<\/td>66.2%<\/td>$24,880<\/td>$14,000 – $31,089<\/td><\/tr>
2017<\/td>60.6%<\/td>$24,381<\/td>$13,326 – $28,581<\/td><\/tr>
2016<\/td>62.9%<\/td>$23,875<\/td>$13,500 – $27,920<\/td><\/tr>
2015<\/td>68.5%<\/td>$21,544<\/td>$12,000 – $27,842<\/td><\/tr>
2014<\/td>67.8%<\/td>$24,156<\/td>$13,500 – $27,000<\/td><\/tr>
2013<\/td>65.2%<\/td>$21,939<\/td>$12,000 – $27,000<\/td><\/tr>
2012<\/td>60.3%<\/td>$23,285<\/td>$12,243 – $27,000<\/td><\/tr>
2011<\/td>62.8%<\/td>$21,123<\/td>$12,868 – $25,000<\/td><\/tr>
2010<\/td>68.8%<\/td>$19,649<\/td>not available<\/td><\/tr>
2009<\/td>75.9%<\/td>$17,275<\/td>not available<\/td><\/tr>
2008<\/td>71.6%<\/td>$17,304<\/td>not available<\/td><\/tr>
2007<\/td>70.1%<\/td>$18,849<\/td>not available<\/td><\/tr>
2006<\/td>66.6%<\/td>$16,801<\/td>not available<\/td><\/tr>
2005<\/td>68.4%<\/td>$16,518<\/td>not available<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

*original principal, those who borrowed<\/em><\/p>\n\n\n\n

The Project on Student Debt<\/a> \u2013 collects these figures from schools across the USA<\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

Each year, Macalester publishes the percentage of graduates who borrowed a student loan at Macalester and, for those who borrowed, the average total student loan principal at graduation. These data are published in the Common Data Set. Recent classes: Graduating Class Percent Who Borrowed Mean Amount Borrowed* Middle 50% (25th%ile to 75th%ile)* 2024 52.0% $24,601 $12,000 […]<\/p>","protected":false},"author":1,"featured_media":0,"parent":297,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-294","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t