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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.
Federal student loans were first offered in 1958 ... approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of ...
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...
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 ...
More than 42 million Americans across the nation shoulder some of the student loan debt burden, with the total average balance for federal and private borrowers at a staggering $40,780, according ...
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