U.S. Sen. Elizabeth Warren said 40% of student borrowers lack a four-year degree. Data supports her statistic.
found that about 35% of debtholders lacked four-year degrees. Jabbari cautions that his number might not be nationally representative because of his focus on lower-earning people, but Warren’s number is in line with it.
Looney found that a certificate in cosmetology ranks fifth in popularity across programs at any degree level, with 2.9% of borrowers. WithFour health care-related programs — each with educational paths shorter than four years — account for 7% of all student borrowers.
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