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In June, 43.6 million Americans held federal student loan debt, with an average balance of $38,000 per borrower. ... Federal student loan debt by age. As of the second quarter of 2024, Gen X ...
Average student loan balance: $35,620. ... Experian’s data breaks down debt along generational lines with age ranges as follows: Gen Z 18-23, millennials 24-39, Gen X 40-55, baby boomers 56-74 ...
The average federal student loan debt per person in Georgia has grown to more ... Here's a look at the amount federal student loan borrowers owe based on age: 24 or younger. $14,572. 25-34 ...
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.
In fact, nearly 25% of all federal student loan debt is held by folks in this age group. ... Average Student Loan Debt, Education Data Initiative. Accessed October 25, 2024.
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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