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Distribution of Debt


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. This page is intended to provide more information and a more complete picture of student debt for Macalester’s class of 2024.

Students Graduating from Macalester between July 1, 2023 and June 30, 2024

Percentage of graduates who borrowed any student loan:52%
Mean per-borrower cumulative indebtedness (principal):$24,601
Median per-borrower indebtedness:$22,000
25th percentile per-borrower indebtedness$12,000
75th percentile per-borrower indebtedness:$29,446