In the academic year 2002/03, a total of 83.1 billion 2022 U.S. dollars was offered to students across the United States in the form of loans. By 2022/23, this amount had increased to 98.2 billion 2022 U.S. dollars. This amount peaked in 2010/11, when 152.8 billion 2022 U.S. dollars were provided in student loans.
Total amount provided in student loans in the United States from 2002/01 to 2022/23
(in 2022 billion U.S. dollars)
Nonfederal loans include loans to students from states and from institutions, in addition to private loans issued by banks, credit unions, and Sallie Mae. Estimates of institutional and state loan volume are included only for academic years 1999-2000 through 2012-13.
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College Board. (October 21, 2023). Total amount provided in student loans in the United States from 2002/01 to 2022/23 (in 2022 billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board. "Total amount provided in student loans in the United States from 2002/01 to 2022/23 (in 2022 billion U.S. dollars)." Chart. October 21, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board. (2023). Total amount provided in student loans in the United States from 2002/01 to 2022/23 (in 2022 billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board. "Total Amount Provided in Student Loans in The United States from 2002/01 to 2022/23 (in 2022 Billion U.S. Dollars)." Statista, Statista Inc., 21 Oct 2023, https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board, Total amount provided in student loans in the United States from 2002/01 to 2022/23 (in 2022 billion U.S. dollars) Statista, https://www.statista.com/statistics/235367/student-loans-in-the-us/ (last visited December 21, 2024)
Total amount provided in student loans in the United States from 2002/01 to 2022/23 (in 2022 billion U.S. dollars) [Graph], College Board, October 21, 2023. [Online]. Available: https://www.statista.com/statistics/235367/student-loans-in-the-us/