Welcome back to the PNPI Explorer blog series, where we examine higher education data in different states. This week’s spotlight is on Nebraska.

In 2021 in Nebraska, there were 32 institutions serving 91,956 full-time equivalent (FTE) students. Using the Comparison Tool, we can examine how students at Nebraska fare on median student debt levels relative to other states. At $14.1K, Nebraska has a slightly higher median student debt than the national median of $12.2K, placing it near the top third of the distribution.

While a relatively high median student debt level may be concerning, student loan repayment outcomes provide a more optimistic picture of how Nebraska students are faring with their borrowed amounts. The average three-year cohort default rate (CDR) for Nebraska institutions is quite low relative to other states: Student loan borrowers at Nebraska institutions default on their loans at a much lower rate than in other states. The CDR for Nebraska is 6.7%, more than three percentage points below the national average of 9.9%.

Find something interesting about Montana that you would like to share with us? Drop us a note via our feedback page or discuss your findings on LinkedIn! Check back next week when we explore data insights about Nevada.

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