- Finance & Affordability
Undergraduate Student Loans
Federal loans awarded to undergraduates in the WICHE region peaked in 2011, when the share of undergraduates with federal loans reached 33%. Since 2011 both the amount of annual federal loans awarded and the share of undergraduates receiving federal loans decreased to $353 million and 18% in 2020.
Notes: Total loans reflect the amount of loan dollars awarded to first-time, full-time undergraduates at public two- and four-year institutions. Share of undergraduates with federal loans is restricted to first-time, full-time undergraduates. Average debt of bachelor’s degree graduates is the cumulative debt among completers who borrowed at public and private four-year institutions. Undergraduate loan data not available for the Commonwealth of the Northern Mariana Islands. Average Debt for Completers data not available for the Commonwealth of the Northern Mariana Islands or Guam.
Sources: National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Student Financial Aid, 2010-11 to 2020-21 and The Institute for College Access and Success, The Project on Student Debt, Class of 2019.
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Senior Research Analyst, Policy Analysis and Research
Colleen Falkenstern serves as a research analyst in WICHE’s Policy Analysis and Research unit. In her role, she supports the development of WICHE’s annual data resources—Regional Fact Book for Higher Education in the West, Benchmarks (of access and success), and Tuition and Fees in Public Higher Education in the West. She also provides analytical support for WICHE’s quadrennial projections of high school graduates, Knocking at the College Door. She received a bachelor’s degree in marketing and management from the University of South Carolina—Columbia and a master’s degree in higher education from the University of Denver.