{"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\nRecent 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