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In June, 43.6 million Americans held federal student loan debt, with an average balance of $38,000 per borrower. In total, the U.S. has a collective balance of over $1.7 trillion in student loans.
Research from EducationData.org shows that almost 44 million Americans hold an average federal student loan debt balance of $37,717. Combined, student loan debt in the U.S. adds up to $1.744 trillion.
A total of 47.9 million borrowers have student loan debt, with the average federal student loan debt at $37,574 per borrower and the average private student loan debt at $54,921 per borrower,...
All told, 43.6 million borrowers have federal student loan debt. The average federal student loan debt balance is $37,717 — but the total average balance, including private loan debt, may be as ...
In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]
Indigenous students rely on federal student loans, ... Asian women carry the lowest student loan balance, borrowing an average of $25,252 and owing $27,606.60 one year after graduation.
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