Cumulative debt of university students in the U.S. 2019/20, by degree program

Published by
Veera Korhonen,
Mar 6, 2025
In the academic year of 2019/20, medicine students had a cumulative debt including both undergraduate and graduate education of about 191,950 U.S. dollars per borrower on average.

Average cumulative debt of university students in the United States in 2019/20, by graduate and professional degree program (in U.S. dollars)

CharacteristicAverage Borrowed per Borrower
Other health science professional practice doctorate 210,280
Medicine (M.D. or D.O.) 191,950
Law (LL.B. or J.D.) 132,740
Other doctorate (non-Ph.D.) 127,110
Ph.D. (except in education) 74,700
Other master's degree 68,260
Master of Arts (M.A., except in education) 61,060
Education (any doctorate) 57,260
Master of Science (M.S., except in education) 52,690
Master of Business Administration (MBA) 51,850
Postbaccalaureate certificate 50,620
Master of Education 38,310
Showing entries 1 to 12 (12 entries in total)
Created with Highcharts 7.2.2Average Borrowed per Borrower210,280210,280191,950191,950132,740132,740127,110127,11074,70074,70068,26068,26061,06061,06057,26057,26052,69052,69051,85051,85050,62050,62038,31038,310Other health science professional practice doctorateMedicine (M.D. or D.O.)Law (LL.B. or J.D.)Other doctorate (non-Ph.D.)Ph.D. (except in education)Other master's degreeMaster of Arts (M.A., except in education)Education (any doctorate)Master of Science (M.S., except in education)Master of Business Administration (MBA)Postbaccalaureate certificateMaster of Education
020,00040,00060,00080,000100,000120,000140,000160,000180,000200,000220,000240,000

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Release date

June 2023

Region

United States

Survey time period

2019 to 2020

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