Student Loan Debt in the USA

$1384971153748
$1.38+ trillion

Compared to Other Debts

Student Loans
$1.38 trillion
Credit Card Debt
$712 billion
Auto Loans
$1.07 trillion

Student Debt Loan Statistics

    • Growing by
    • Number of borrowers
    • Average debt
    • Average 2016 Graduate debt
    • Delinquency rate
    • Average monthly payment
    • Loans in default
    • Borrowers in default
    • PSLF Borrowers
    • $2,726 a second
    • 43 million
    • $25,560
    • $37,172
    • 11.6%
    • $351
    • $63.2 billion
    • 3.9 million
    • 431,853

Student Debt Facts

  • 66% of graduates from public colleges had on average $25,550 debt
  • 75% of graduates from non-profit colleges had on average $32,300 debt
  • 88% of graduates from for-profit colleges had on average $39,950 debt
  • The total student loans debt is growing by an estimated $2,726 a second
  • Over 2% of the US population = 7+ million defaulted on student loans
  • Based on our survey 82% students used their student loan money for vacation, parties, electronics, and simillar

Sources: 1, 2, 3, 4,