University of Guam enrollment rises to 2974 amid student loan concerns

Enrollment at the University of Guam (UOG) has seen a significant increase, rising from 2,172 last fall to 2,974 this semester, according to discussions during the 38th Guam Legislature Regular Session on March 28, 2025. This growth in student numbers comes amid ongoing concerns about student loan debt and its implications for graduates' financial stability and the local economy.

During the meeting, legislators raised questions about the number of federal student loan borrowers at UOG and the average debt incurred. While specific figures were not immediately available, it was noted that approximately 17% of students currently hold loans, with a total award amount of $1.4 million for the spring 2024 semester. The financial aid director indicated that undergraduate students typically borrow less, with concerns primarily focused on graduate-level debt.

The discussion highlighted the potential economic impact of student loan repayments on the community. Legislators expressed worries that graduates struggling to find employment may default on loans, which could hinder economic growth. The average annual income for recent graduates was reported at $45,000, with some earning significantly more, underscoring the importance of job readiness initiatives.

UOG has implemented a mandatory internship program for all degree programs to enhance employability and connect students with higher-paying job opportunities. This initiative aims to ensure that graduates are prepared for the workforce and can contribute positively to the economy.

Additionally, the meeting touched on the university's financial sustainability and the implications of tuition freezes. While some legislators expressed concerns about the impact of tuition increases on students and their families, UOG representatives defended the necessity of tuition adjustments to maintain quality education and accreditation standards.

As UOG continues to navigate these challenges, the focus remains on supporting students through financial literacy programs and career readiness initiatives, ultimately aiming to strengthen the local economy and build a robust middle class in Guam.