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News

Education-Related Debt of Doctorate Recipients, by Gender, Race, and Field, 2017

Almanac 2019 August 18, 2019

Female doctorate recipients were more likely to have student loans to pay off, and they accumulated more student-loan debt, on average, than did their male counterparts at every level of higher education. The gender gap was overshadowed by racial disparities. Black recipients of doctorates were far more likely to have student-loan debt, and owed far more than did their counterparts in other racial and ethnic groups. African-Americans’ cumulative undergraduate and graduate debt was more than four and a half times that of Asians and more than twice that of whites. Among all doctorate recipients, those in the field of education had the greatest education-related debt. The average amount was four times that of their counterparts in mathematics and computer science, who owed the least.

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Female doctorate recipients were more likely to have student loans to pay off, and they accumulated more student-loan debt, on average, than did their male counterparts at every level of higher education. The gender gap was overshadowed by racial disparities. Black recipients of doctorates were far more likely to have student-loan debt, and owed far more than did their counterparts in other racial and ethnic groups. African-Americans’ cumulative undergraduate and graduate debt was more than four and a half times that of Asians and more than twice that of whites. Among all doctorate recipients, those in the field of education had the greatest education-related debt. The average amount was four times that of their counterparts in mathematics and computer science, who owed the least.

Distribution of cumulative debtAverage debt per recipient
None $1 to $30,000 $30,001 to $60,000 $60,001 to $90,000 $90,001 or more Undergraduate debt Graduate debt Cumulative debt
By gender
Female 51.6% 19.8% 9.3% 6.4% 12.9% $9,296 $18,245 $27,439
Male 59.0% 20.3% 8.0% 5.0% 7.7% $7,699 $11,873 $19,498
By race and ethnicity
American Indian/Alaska Native 36.0% 18.0% — — 25.0% $15,202 $31,900 $46,950
Asian 64.6% 20.6% — — 5.4% $5,292 $9,194 $14,440
Black/African-American 17.7% 17.7% 13.5% 12.4% 38.8% $22,720 $44,965 $67,183
Hispanic/Latino 34.7% 26.3% 12.2% 8.7% 18.2% $14,027 $24,492 $38,385
White 46.0% 23.1% 11.4% 7.4% 12.1% $10,863 $17,898 $28,685
2 or more races 43.9% 23.5% 10.8% 7.1% 14.7% $12,873 $18,831 $31,555
By citizenship status
U.S. citizen or permanent resident 44.9% 22.7% 11.0% 7.5% 13.8% $11,435 $19,462 $30,795
Temporary visa holder 78.5% 14.6% 3.3% 1.6% 2.1% $2,034 $4,796 $6,797
By field
Life sciences 55.6% 22.2% 8.8% 5.2% 8.1% $9,069 $11,695 $20,700
Physical and earth sciences 63.2% 21.7% 7.8% 3.8% 3.5% $8,344 $5,302 $13,611
Mathematics and computer sciences 73.7% 15.9% 4.5% 2.6% 3.3% $4,185 $6,022 $10,156
Psychology and social sciences 43.7% 19.9% 10.6% 7.8% 18.0% $10,783 $24,872 $35,522
Engineering 70.1% 18.1% 5.4% 3.0% 3.5% $5,052 $6,050 $11,071
Education 39.5% 18.6% 12.0% 8.7% 21.2% $11,492 $29,419 $40,709
Humanities and arts 44.5% 23.6% 10.5% 7.8% 13.6% $9,727 $21,223 $30,803
Other fields 49.9% 15.7% 10.5% 8.5% 15.4% $8,338 $23,782 $31,915
All 55.7% 20.1% 8.6% 5.6% 10.1% $8,430 $14,789 $23,132

Note: Debt was tallied by asking recipients to choose a debt range, presented in increments of $10,000, from “no debt” to "$90,001 or more.” To estimate overall debt, the midpoints of each range for undergraduate and graduate debt were selected and added together to yield a total debt amount. All valid responses, including “no debt,” which was assigned a value of $0, were used to compute average debt levels. Those in the uppermost range were assigned a value of $95,000. Only education-related debt is reported. “Life sciences” includes agricultural sciences and natural resources, biological and biomedical sciences, and health sciences. “Other” includes nonscience and nonengineering fields not shown elsewhere. People who identified themselves as Hispanic may be of any race. Asians do not include Native Hawaiians or other Pacific Islanders. Data for doctorate recipients of “other race or race not reported” (which includes Native Hawaiians and other Pacific Islanders) and “ethnicity not reported” were excluded from this table. A dash indicates that data were suppressed to protect privacy. More data can be found here. Questions or comments on the Almanac should be sent to Ruth Hammond.

Source: National Science Foundation, National Center for Science and Engineering Statistics, Survey of Earned Doctorates


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A version of this article appeared in the August 23, 2019, issue.
Read other items in Graduate Students.
We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.
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