Our Did You Know this week explores differences in educational borrowing between students at public and private four-year institutions. Using data from The College Board's Trends in Student Aid 2017 report, we compared increases in average amount borrowed by bachelor's degree receipients at private and public universities between 2010-11 and 2015-16, the most recent five-year period in the report. Public university students experienced an increase of $2,500 in average educational debt over this period, while private university students saw an increase of $1,200 over those five years. That's less than half the amount!
For more on this topic, check out our first quarterly issue brief, and see our infographic below.