The Latest College Scorecard Is Out. Here’s What It Says About How Much Parents Borrow for Higher Ed.

The College Scorecard is a website designed to give prospective students and their families information about how much debt students at individual institutions incur, and how much they would earn in certain fields after graduation. At nearly 130 four-year institutions awarding bachelor’s degrees, the median amount parents borrowed was $50,000 or higher. The data reflect the loans parents received through the PLUS program on behalf of undergraduate students who earned their degrees in the 2017-18 and 2018-19 academic years.