In the academic year 2023-24, the average borrowing for college among students in the form of federal student loans amounted to 7,340 U.S. dollars. This is a slight increase from the previous year, when student borrowing amounted to 7,253 U.S. dollars on average.
College student use of federal loans, year-over-year, in the United States between 2011 and 2024, by average amount borrowed
(in U.S. dollars)
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Sallie Mae. (August 6, 2024). College student use of federal loans, year-over-year, in the United States between 2011 and 2024, by average amount borrowed (in U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae. "College student use of federal loans, year-over-year, in the United States between 2011 and 2024, by average amount borrowed (in U.S. dollars)." Chart. August 6, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae. (2024). College student use of federal loans, year-over-year, in the United States between 2011 and 2024, by average amount borrowed (in U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae. "College Student Use of Federal Loans, Year-over-year, in The United States between 2011 and 2024, by Average Amount Borrowed (in U.S. Dollars)." Statista, Statista Inc., 6 Aug 2024, https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae, College student use of federal loans, year-over-year, in the United States between 2011 and 2024, by average amount borrowed (in U.S. dollars) Statista, https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/ (last visited December 23, 2024)
College student use of federal loans, year-over-year, in the United States between 2011 and 2024, by average amount borrowed (in U.S. dollars) [Graph], Sallie Mae, August 6, 2024. [Online]. Available: https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
