Student Loan and Default Rates
Loan Amounts for undergraduates in Education Degrees
Loan Type
Parent Plus Loan
Private Loans
Purdue Loan
Stafford Loan
2012-2013
$1,725,265
$463,064
$210,560
$3,044,171
2013-2014
$1,184,636
$463,561
$214,256
$3,044,171
2014-2015
$989,441
$269,952
$135,027
$2,293,748
2015-2016
$1,134,391
$310,456
$187,766
$2,033,527
2017-2018
$1,083,927
$416,570
$362,422
$1,965,681
| Loan Type | 2012-2013 | 2013-2014 | 2014-2015 | 2015-2016 | 2017-2018 |
|---|---|---|---|---|---|
| Parent Plus Loan | $1,725,265 | $1,184,636 | $989,441 | $1,134,391 | $1,083,927 |
| Private Loans | $463,064 | $463,561 | $269,952 | $310,456 | $416,570 |
| Purdue Loan | $210,560 | $214,256 | $135,027 | $187,766 | $362,422 |
| Stafford Loan | $3,044,171 | $3,044,171 | $2,293,748 | $2,033,527 | $1,965,681 |
Purdue University Undergraduate Level of Loan Balance at Graduation
Loan Amount
$0
$1-$9,999
$10K-$24,999
$25K-$49,999
$50K-$74,999
$75K+
Number Graduating Students
4,146
499
1,010
1,083
156
128
Percent Graduating Students by Loan Balance
59%
7%
14%
15%
2%
2%
| Loan Amount | Number Graduating Students | Percent Graduating Students by Loan Balance |
|---|---|---|
| $0 | 4,146 | 59% |
| $1-$9,999 | 499 | 7% |
| $10K-$24,999 | 1,010 | 14% |
| $25K-$49,999 | 1,083 | 15% |
| $50K-$74,999 | 156 | 2% |
| $75K+ | 128 | 2% |
Percent Graduating Students by Loan Balance
7,022
2,876
| Percent Graduating Students by Loan Balance | ||
|---|---|---|
| Total Graduating Students | 7,022 | 100% |
| Total Graduating Borrowers | 2,876 | 40% |