This Fact Sheet analyzes federal data from the U.S. Department of Education’s (ED) National Postsecondary Student Aid Study to determine student loan borrowing in academic year 2015-16, comparing undergraduate veterans who received GI Bill educational benefits (beneficiaries) to those who did not (nonbeneficiaries). In addition to their borrowing during that academic year, we also examined the cumulative student loan debt for the same two groups of student veteran borrowers who earned certificates, associate’s, and bachelor’s degrees in 2015-16.

VES_Fact Sheet_Student Loan Debt