(Solution Library) How much do students borrow? A sample survey of students who received their bachelor’s degree found that about half had borrowed money for college.
Question: How much do students borrow? A sample survey of students who received their bachelor’s degree found that about half had borrowed money for college. Does the type of college attended influence the amount borrowed?
Here is information about the students in the sample who did borrow:
| Public nondoctorate | Public Doctorate | Private nondoctorate | Private doctorate | |
| Number of Students | 137 | 313 | 148 | 95 |
| Mean Borrowed | $15,000 | $17,500 | $20,900 | $28,000 |
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