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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.
The average federal student loan debt balance is nearly $38,000, while the total average balance — including private loans — exceeds $40,000. Read More: Experts Say To Do These 5 Things for ...
According to Experian data, the average student loan balance for all borrowers was $38,787 in 2023. Americans owed $1.75 trillion in some sort of education debt as of the first quarter of 2024, per...
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 ...
The student loan crisis is real. According to the Education Data Initiative, 43.2 million Americans currently have federal student loan debt, with the average federal student loan debt balance ...
The student loan debt balance in America has increased by 66% over the past decade, and as of the second quarter of 2023, now totals over $1.74 trillion, according to the Federal Reserve, the ...
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