University of Wisconsin–Madison
While most borrowers will not default on their student loans, the steep consequences of doing so make default one of the most pernicious possible outcomes for student borrowers. To supplement our previous work highlighting school-level default rates, this post highlights geographic variation in student loan default across Wisconsin counties. We find that 11% of all …
While previous posts in this series have focused on student borrowing, here we shift attention to one of the most pernicious outcomes student borrowers can experience: default, or failing to make agreed-upon payments towards their outstanding loans. Borrowers who default on their loans are likely to see credit scores plummet, and the federal government can …
Our previous work examined statewide and regional trends in student debt. In this post, we use data from the US Department of Education’s College Scorecard to see how debt varies across Wisconsin’s public, non-profit, and for-profit colleges and universities. The Scorecard reports median federal student loan debt for borrowers completing a certificate, associate, or bachelor’s …
So far, this series has focused on average debt and how it is distributed among Wisconsin federal loan borrowers. Here, we shift attention to Wisconsin’s 12 metro areas and provide an interactive tool to explore regional differences in student debt. Data are based on the Federal Reserve Bank’s Consumer Credit Explorer, which reports median student …
Our previous post showed 715,800 Wisconsinites carry a combined $23.1 billion in student loan debt— or on average, $32,230 per borrower. While these figures are a good starting point, looking at averages alone can hide the substantial variation that exists across student loan borrowers. In this post, we look beyond the average to gain additional …
With student debt beginning to receive serious attention in Wisconsin, basic information about “who borrows” and “how much” is critical to diagnosing and ultimately solving student debt problems. Accordingly, this post uses data from the United States Department of Education (ED)’s Office of Federal Student Aid (FSA) to provide key information on federal student loans …