Student loan debt in the United States - statistics and facts

Key insights

Value of outstanding student loans as of Q1 2024
1.75tr U.S dollars
Share of student debt made up by federal loans
85%
Average student loan debt per borrower
28,950 U.S. dollars

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Overview

Debt demographics

Higher education institutions

Default rates and repayment

Impacts of loan repayment

Federal loan forgiveness

Opinion

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