In order to develop proposals to address future debt, we must first understand what drives cumulative and individual loan balances – and the consequences of that borrowing – for different postsecondary populations. While these discussions have often (rightfully) focused on undergraduate students, graduate students comprise an increasingly large share of student loan borrowers, meriting careful analysis of their enrollment and borrowing behaviors. In this post, I walk through graduate borrowing using a framework of considering excessive debt from both a borrowing and repayment angle to examine the extent to which there is a graduate loan problem to solve.
