The proportion of graduate students receiving federal financial aid, the average amount they received and the average amount of PLUS loans they borrowed all were higher in 2015-16 than in 2003-4, according to a new report released by the U.S. Education Department’s National Center for Education Statistics Friday. The report, “Trends in Graduate Student Financing: Selected Years, 2003-4 to 2015-16,” compares data from the last four administrations of the National Postsecondary Student Aid Study, creating a portrait of the changes in how master’s and Ph.D. students finance their educations.

Inside Higher Ed