Amount of student loan debt outstanding, by type U.S. 2024

Published by
Veera Korhonen,
Jul 5, 2024

Direct combined loans, also called Stafford loans, accounted for 856 billion U.S. dollars of outstanding student loan debt in the United States in 2024. Stafford loans are a type of federal student loans offered to eligible university students at a lower interest rate than private loans. In the first quarter of 2024, outstanding student loan debt in the United States totaled over 1.75 trillion U.S. dollars.

Amount of outstanding student loan debt in the United States in 2024, by student loan type (in billion U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

April 2024

Region

United States

Survey time period

2024

Supplementary notes

Direct or Stafford loans are federal student loans offered to eligible students at a lower interest rate than can be found with private loans. Stafford loans can be either subsidized or unsubsidized.
PLUS loans are federal student loans offered to parents of students or to graduate and professional students. The original acronym (which is now obsolete) stood for Parent Loan for Undergraduate Students.
Perkins loans are federal, need-based student loans that carry a fixed interest rate of five percent for the duration of the 10-year repayment period.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Student loan debt in the United States "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Student loan debt in the United States

Overview

8

Debt demographics

8

Higher education institutions

8

Default rates and repayment

8

Impacts of loan repayment

8

Federal loan forgiveness

8

Opinion

8

Further related statistics

18

Further Content: You might find this interesting as well

Statistics

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
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.