Length of time expected by Gen Z to pay off undergraduate student debt U.S. 2023

Published by
Veera Korhonen,
Aug 7, 2024
According to a 2023 survey, 26 percent of Gen Z respondents said that they expect that it will take them between 7 to 10 years to repay their student loans in the United States. A further 21 percent said that they expect it will take them between 4 to 6 years.

How many years do you anticipate it will take you to pay off your undergraduate student debt?

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Release date

March 2023

Region

United States

Survey time period

2023

Number of respondents

8,000 respondents

Age group

18 years and older

Method of interview

Online survey

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Statistics on " Student loan debt in the United States "

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Overview

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Debt demographics

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Higher education institutions

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Default rates and repayment

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Impacts of loan repayment

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Federal loan forgiveness

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Opinion

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Further related statistics

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Topics

Student loan debt in the United StatesColleges and universities in the United StatesThe cost of college in the United StatesSaving for college in the U.S.Community colleges in the United States
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