what percentage size increase with dakota sizer program

WHAT PERCENTAGE SIZE INCREASE WITH DAKOTA SIZER PROGRAM PLUS
WHAT PERCENTAGE SIZE INCREASE WITH DAKOTA SIZER PROGRAM SERIES

Borrowers ages 50-61 in Maryland have the highest average debt size ($47.8K) while borrowers age 62 and older living in Vermont have the highest average debt ($50K).

borrowers have the highest average debt for borrowers, ages 24 or younger ($19.5K), ages 25-34 ($59.6K), and ages 35-49 ($59.4K). When considering borrower location along with the borrower’s age, D.C. In contrast, less than four percent of borrowers in North Dakota owe more than $100K. and PR) owe more than $100K in federal student loans, followed by Maryland (nine percent) and Georgia (eight percent). About ten percent of borrowers in the ‘Other’ category (outside of the U.S.

borrowers owe more than $100K in federal student loans, the most of any location. In D.C., less than 45 percent of borrowers owe less than $20K. When considering borrower location along with debt size, 72 percent of Puerto Rico borrowers owe less than $20K in federal student loans, followed by Wyoming and Nevada at about 59 percent. The new reports also provide greater insight into how the federal student loan portfolio is distributed across the United States by focusing on the borrower’s location (i.e. This compares to eight percent of borrowers ages 35-49 and ages 62 and older almost six percent of borrowers ages 25-34 and half of one percent of borrowers ages 24 or younger. In contrast, almost nine percent of borrowers ages 50-61 owe more than $100K in federal student loans. This compares to 59 percent of borrowers ages 62 and older 54 percent of borrowers ages 25-34 and ages 50-61 and almost half of borrowers ages 35-49. For example, almost three in four borrowers (73 percent) ages 24 or younger owe less than $20k in federal student loans.

WHAT PERCENTAGE SIZE INCREASE WITH DAKOTA SIZER PROGRAM PLUS

The new Portfolio by Age and Debt Size report illuminates the differences in debt size (including all federal undergraduate, graduate or Parent PLUS loans) by borrower age. The new reports released today build upon previous releases to provide additional insight into federal student loan borrowers.Ĭharacteristics of Federal Student Loan Borrowers

WHAT PERCENTAGE SIZE INCREASE WITH DAKOTA SIZER PROGRAM SERIES

Over the past year, FSA began publishing demographic information about its borrowers on the FSA Data Center through a series of reports. Federal Student Aid proactively posts these reports in support of open government initiatives to help ensure consistency, increase transparency, and establish self-service opportunities for stakeholders. The new reports were posted to the FSA Data Center along with a series of updates to the quarterly application, disbursement, and portfolio reports to include data through March 31, 2018. Today, Federal Student Aid released three new reports that segment federal student loan borrowers by two demographic levels, including age and location age and debt size and debt size and location. According to the Census Bureau’s 2013 American Community Survey, 4.1% of Sturgis residents 16 and older said they commute to work by motorcycle, taxi or other means.Ī 2018 market study by the South Dakota Department of Tourism shows that rally attendees come from all 50 states.Subject: Federal Student Aid Posts New Reports to FSA Data Center Census Bureau says that Sturgis has motorcycles even when the rally isn’t happening. Motorcycles line the streets and blocks of Sturgis during the rally but the U.S. Bikers ride through downtown Sturgis, S.D., during the 2020 Sturgis Rally. The annual rally attendance is more than 60 times the size of Sturgis’s 2019 estimated population 6,922. If the rally reaches an attendance of 750,000 that would equal 85% of the state’s 2019 estimated population of 884,659.Īttendance each year since 2010 has been about half of the state’s 2019 estimated population. Even during a pandemic, the 2020 rally attendance was more than twice the estimated 2020 population of Sioux Falls at 195,850.

What percentage size increase with dakota sizer program