Achieving the Promise of Educational Opportunity: Graduate Student Debt for STEM Versus Non-STEM Students

• In Event: 69.032 - Dreams Deferred by Debt: Student Outcomes in Federal and State Loan Programs

Abstract

Using NPSAS 2012 data, this study examines graduate student debt for STEM versus Non-STEM students who completed their Master’s or PhD degree in 2012. Findings showed significantly higher debt for those in Non-STEM programs as well as differences by level of undergraduate debt, race, and full-part-time enrollment status. Differences found, particularly for Non-STEM students, may restrict some students from choosing Non-STEM programs or to not attend graduate school at all. The loss of future citizens with less or no graduate level training may affect our national economy and productivity, and urges institution officials to consider ways to provide more financial aid to a larger number of graduate students.

Authors

• Rachel Anne Burns, RTI International

• Karen L. Webber, University of Georgia