Apr 18, 2024 · Federal student loans make up the vast majority of American education debt—about 92% of all outstanding student loans is federal debt. The federal student loan portfolio currently totals more than...

Sep 30, 2024 · As of the second quarter of 2024, student loan debt in the U.S. stands at a total of over $1.74 trillion. More than 92% of this is federal student loan debt, while the remaining amount is...

A merican student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than all U.S. credit card and auto loan debt combined.

Jan 3, 2025 · Borrowers in the U.S owe $1.727 trillion in total student loan debt, according to Federal Reserve data for Q4 2023. For borrowers with federal student loans, the average student loan debt in America is $37,056, according to the Department of …

Aug 16, 2024 · Student debt is money borrowed by individuals to cover the cost of education. Loans can come from private or federally funded sources. Debt can be incurred to cover tuition,...

Find common student loan debt statistics, including the national debt balance, average balance, and loan forgiveness information.

Jul 31, 2024 · Student loan debt is the second largest form of consumer lending debt in the U.S., affecting more than 43 million Americans. But as college costs continue to increase, so does...

Aug 16, 2024 · Americans owe $1.74 trillion in federal and private student loan debt as of the second quarter of 2024. That’s down 0.96% from the second quarter of 2023. $130.28 billion of that total through Sept. 30, 2023, is private student loan debt.

Federal student loans include subsidized and unsubsidized Direct Loans (formerly called Stafford Loans), excluding Direct Unsubsidized Loans to students who received a TEACH Grant and failed to fulfill the service obligation; Perkins Loans; and Graduate PLUS Loans.

Sep 3, 2024 · Student loan debt totals $1.77 trillion and is held by about 42.8 million Americans. Roughly two-thirds of student loan borrowers pay up to $300 a month. The average federal student loan debt...