A report on student loan debt suggests that borrowing by people in graduate and professional degree programs is rising and could total a larger-than-expected portion of the nation’s $1 trillion in total outstanding federal student loans.

New America Foundation's Graduate Student Debt Review report, based on an analysis of recent U.S. Department of Education data, found that an estimated 40% of recent federal loan disbursements are for graduate student debt. The report reveals that debt for graduate students in various master’s and professional degree programs accounts for some of the most dramatic increases in borrowing between 2004 and 2012. The trend is not limited to high-cost programs such as medicine and law.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.