The Office of Higher Education collects graduate debt data from Minnesota institutions eligible to participate in a Minnesota-funded financial aid program to measure how much students borrow to fund their postsecondary education.
The Office reports the median debt graduates incurred to complete a postsecondary award only at the institution conferring the award for each award level. In other words, data does not include any debt a student may have incurred from previously attended institutions, and debt incurred to receive multiple awards is not combined. For example, debt reported for graduates with a master’s degree only includes debt incurred to receive a master’s degree at the institution where the student received the master’s degree. It does not include any other additional debt a student might have accumulated while completing their bachelor’s degree.
