PNPI Explorer Blog – Nevada
Welcome back to the PNPI Explorer blog series, where we examine higher education data in different states. This week’s spotlight is on Nevada.
In 2021 in Nevada, there were 20 institutions serving 80,333 full-time equivalent (FTE) students. Using the Federal Student Debt report, we can examine how students at Nevada institutions are faring with their federal direct student loan balances. Looking at the average outstanding direct loan balance, we can see that a substantial amount of direct loans remain outstanding, especially among borrowers at Nevada private non-profit institutions. Borrowers in the non-profit sector owe an average of $56.8K, compared to $25.9K in the for-profit sector, $11.2K in the public two-year sector, and $23.9K at public four-year institutions.
Using the Comparison Tool we can examine if these outstanding loan balances are substantial relative to other states. Across all sectors, Nevada borrowers owe an average of $25.6K on their federal direct loans, the third highest amount in the country behind Washington, D.C. and Hawaii. Nevada’s balance is more than $4K higher than the national average of $21.5K.
Find something interesting about Nevada 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 New Hampshire.
