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Table 8 Recent trends in student loans, classes of 1995 and 2005

  1995 (ref.) 2005
Both sexes1 Men Women Both sexes Men Women
'000
Population of graduates2 298.2 129.3 168.6 354.2 148.9* 205.3*
  %
Graduates 100 43 57 100* 42* 58*
With student loan from any source 49 49 49 57* 55* 58*
Borrowers
with only government student loan 67 65 68 52* 49* 55*
with only loan from other sources 14 15 13 22* 24* 20*
with student loan from government and other sources 20 21 19 26* 27* 26*
Repaid government student loan by graduation 8 8 9 17* 17* 17*
  $
Average government student debt at graduation3 14,700 14,100 15,100 16,600* 16,100* 17,000*
Average student debt from all sources3,4 15,200 14,800 15,400 18,800* 18,600* 19,000*
  %
Owing $25,000 or more5 17 16 17 27* 26* 27*
Owing $50,000 or more5 2 2 2 6* 5* 6*
  years
Average years expected to repay student loan 7.2 6.6 7.6 7.4 7.1* 7.5
  %
Expected to take more than 10 years to repay loan 18 13 22 20 18* 21
1. Some 248 weighted respondents had missing values for their gender.
2. The population in the National Graduates Survey (NGS) includes graduates from Canadian postsecondary institutions. This study examines graduates from the classes of 1995 and 2005.
3. Average estimates of student debt at graduation exclude those who reported "don't know, refusal, or not applicable."
4. The average amount of student debt from all sources is likely underestimated for 1995 as the variable for the amount of loan owing from other sources at graduation is not available for 1995. Instead, the amount of loan owing from other sources now (two years after graduation) is used. Since some students may have fully repaid or reduced the amount owed to other sources within the two-year period, this number would likely be underestimated, which means the difference between the 1995 and 2005 amounts is likely overestimated.
5. Proportion owing estimated at graduation and for those who had positive and non-zero student debts.
* significantly different from the reference group (1995) at the 0.05 level.
ref.: reference
Source: Statistics Canada, National Graduates Survey, 1995 and 2005.