contact staff ecs twitter facebook

Document Number: 10954

Trends in Student Aid 2013 - Spending on both federal grants and loans decreased in 2012-13 while the percentage of all student aid in the form of grants-49%-climbed to its highest level in the past decade, according to this annual report. The number of students receiving Pell Grants increased from 4 million in 1992-93 to 8.8 million in 2012-13. Total education borrowing fell by 6% in real terms between 2011-12 and 2012-13, but 60% of students who earned bachelor's degrees in 2011-12 from the public and private nonprofit institutions where they began their studies graduated with debt, an average of $26,500. (College Board, October 2013)...

Related Issues

Postsecondary Affordability

Home  |  About ECS  |  Education Issues A-Z  | Research Studies  |  Reports & Databases  |  State Legislation  |  State Profiles  |  Projects & Institutes  |  Newsroom  |  Website User's Guide
700 Broadway, #810 Denver, CO 80203-3442
Phone: 303.299.3600 | Fax: 303.296.8332
©2015 Education Commission of the States |
Read our privacy policy