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Table 8. Federal Family Education Loan (FFEL) program number of borrowers and dollar amount of Parent Loans for Undergraduate Students (PLUS) loans, by type of institution: FY86-FY96

• Between FY88 and FY92, the proportion of PLUS dollars committed to borrowers who attended public and private 4-year institutions increased. PLUS dollars committed to borrowers who attended private 4-year institutions continued to increase between FY92 and FY96, while the dollars committed to borrowers who attended public 4-year institutions decreased. In FY96, commitments to borrowers who attended private 4-year institutions were 30 percentage points greater than commitments to borrowers who attended public 4-year institutions.

• Commitments of PLUS loan dollars to borrowers who attended private 4-year institutions increased more than 20 percentage points from FY92-FY96 (34.2 compared to 55.6 percent). During this same period, commitments of PLUS loan dollars to borrowers who attended public 4-year institutions decreased nearly 19 percentage points (43.8 compared to 25.2 percent).

• In FY96, 45.4 percent of PLUS borrowers who attended private 4-year institutions were committed 55.6 percent of PLUS dollars. In contrast, the proportion of PLUS borrowers who attended public 4-year institutions was 29.9 percent and the proportion of total PLUS dollars committed was 25.2 percent in FY96.

• In FY86-FY96, the proportion of PLUS loan dollars committed to borrowers who attended public and private 2-year institutions fluctuated slightly (2.5 and 0.9 percentage points, respectively). In FY94-FY96, commitments to borrowers who attended private 2-year institutions were greater than they were to borrowers who attended public 2-year institutions, in contrast to FY86-FY93 when commitments at public 2-year institutions were greater than at private 2-year institutions.

• Between FY87 and FY95, the proportion of PLUS dollars committed to borrowers who attended proprietary institutions decreased by nearly one-half (from 28.5 to 14.4 percent). In FY96, commitments to borrowers who attended proprietary institutions were 15.1 percent of total PLUS dollars.

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