{"id":296,"date":"2017-11-20T14:38:06","date_gmt":"2017-11-20T14:38:06","guid":{"rendered":"https:\/\/www.macalester.edu\/financial-aid\/distributionofdebt\/"},"modified":"2025-04-01T16:21:55","modified_gmt":"2025-04-01T16:21:55","slug":"distributionofdebt","status":"publish","type":"page","link":"https:\/\/www.macalester.edu\/financial-aid\/loans\/studentloansatmac\/distributionofdebt\/","title":{"rendered":"Distribution of Debt"},"content":{"rendered":"<p>The average (mean) student debt of a graduating class is the most widely available student debt metric. This is the number reported through the <a href=\"https:\/\/www.macalester.edu\/ir\/institutionaldata\/\">Common Data Set<\/a>. This page is intended to provide more information and a more complete picture of student debt for Macalester&#8217;s class of 2024.<\/p>\n\n\n\n<p><strong>Students Graduating from Macalester between July 1, 2023 and June 30, 2024<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Percentage of graduates who borrowed any student loan:<\/td><td>52%<\/td><\/tr><tr><td>Mean per-borrower cumulative indebtedness (principal):<\/td><td>$24,601<\/td><\/tr><tr><td>Median per-borrower indebtedness:<\/td><td>$22,000<\/td><\/tr><tr><td>25th percentile per-borrower indebtedness<\/td><td>$12,000<\/td><\/tr><tr><td>75th percentile per-borrower indebtedness:<\/td><td>$29,446<\/td><\/tr><\/tbody><\/table><\/figure>","protected":false},"excerpt":{"rendered":"<p>The average (mean) student debt of a graduating class is the most widely available student debt metric. This is the number reported through the Common Data Set. 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