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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThese 20 schools are responsible for a fifth of all graduate school debt
Getting an advanced degree doesnt come cheap, which is why graduate students carry nearly half of all student debt. But it turns out that a handful of schools are responsible for a large share of that money.
A new study from the Center for American Progress (CAP) found that 20 universities received one-fifth, or $6.5 billion, of the total amount of loans the government gave graduate students in the 2013-2014 academic year. Those schools, however, only educate 12 percent of all graduate students.
http://www.washingtonpost.com/news/get-there/wp/2015/07/09/these-20-schools-are-responsible-for-a-fifth-of-all-graduate-school-debt/
There's a chart at the link showing the 20 schools.
stone space
(6,498 posts)On the other hand, I still don't have an undergraduate degree, and I never will, because I just plain couldn't afford it.
The biggest difficulty was finding a graduate school where the administration will allow the departments to admit students without an undergraduate degree without the departmental decisions being vetoed.
So far as I know, there is only one such graduate school in the US. (Johns Hopkins)
Supposedly because their grad program in mathematics is the oldest grad program in the country, so the math department there has quite a lot of autonomy from administration interference, and are able to accept whoever they want, without the administration having the power to veto admissions decisions.
LittleBlue
(10,362 posts)Any guess who's the chancellor? None other than the honorable Bill Clinton.
mnhtnbb
(31,922 posts)starting his second year out of three for a Master's at Yale School of Drama.
Yale has given him an amazing financial aid package, which basically means he only
has to provide money for his living expenses (yes, mom and dad are still helping him)
and we convinced him to let us help him instead of taking out federal loans to cover
whatever living expenses couldn't be covered by work/study pay.
He was also fortunate to have a scholarship when he was an undergrad that covered most
of the cost of his in-state tuition at UNC-Chapel Hill, which was a terrific value.
I don't know if he realizes how lucky he's going to be--when he finally finishes grad school--
to have ZERO student loans. Maybe he will, in time.
hedda_foil
(16,483 posts)An MFA in drama from Yale!
Acting or directing?
Love your screen name, btw.
Hedda
mnhtnbb
(31,922 posts)Yes, we're very proud of him!
Liberal_in_LA
(44,397 posts)choie
(4,395 posts)to this list (NYU grad)