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Source: U.S. Department of Education Student loan debt by state. The three states with the lowest outstanding student debt per borrower are: North Dakota $29,312. Alaska $35,346
Education level. Currently have student debt. Had, but paid it off. Never took on student debt. No high school, High school graduate. 8%. 9%. 82%. Some college, 2-year degree
Millions of Americans are living in the clutches of student loan debt, which, according to LendingTree, now totals $1.77 trillion. ... Average student loan debt: $60,037. Change from U.S. average: ...
As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [63] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.
A total of 45.3 million borrowers have student loan debt; 92% of them have federal loan debt. 20 years after entering school, half of the student borrowers still owe $20,000 each on outstanding ...
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.
It’s not so surprising, then, to learn that the average student loan balance in 2023 was $38,787, per Experian. Most people consider student loans to be a good type of debt , since a degree can ...
As of 2018, Canada is ranked third in the world (behind Russia and South Korea) for the percentage of people ages 25–34 who have completed tertiary education. [1] As of September 2012, the average debt for a Canadian post-university student was 28,000 Canadian dollars, with this accumulated debt taking an average of 14 years to fully repay based on an average starting salary of $39,523. [2]
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