Distribution of Debt
Contact
Financial Aid1600 Grand Avenue
Saint Paul, MN, 55105, USA
(Mailing Address)
651-696-6214
800-231-7974
651-696-6866 (fax)
financialaid@macalester.edu
The average (mean) student debt of a graduating class is the most widely available student debt metric. This is the number reported through the Common Data Set and collected by the Project on Student Debt. This page is intended to provide more information and a more complete picture of student debt for Macalester’s class of 2023.
Students Graduating from Macalester between July 1, 2022 and June 30, 2023
| Percentage of graduates who borrowed any student loan: | 52% |
| Percentage of graduates who borrowed a student loan through federal loan programs: | 44% |
| Mean per-borrower cumulative indebtedness (principal): | $22,381 |
| Mean per-borrower indebtedness through federal loan programs: | $17,865 |
| Median per-borrower indebtedness: | $19,500 |
| 25th percentile per-borrower indebtedness | $10,000 |
| 75th percentile per-borrower indebtedness: | $27,000 |