$1384971153748
$1.38+ trillionCompared to Other Debts
Student Loans
Credit Card Debt
Auto Loans
Student Debt Loan Statistics
-
- Growing by
- Number of borrowers
- Average debt
- Average 2016 Graduate debt
- Delinquency rate
- Average monthly payment
- Loans in default
- Borrowers in default
- PSLF Borrowers
-
- $2,726 a second
- 43 million
- $25,560
- $37,172
- 11.6%
- $351
- $63.2 billion
- 3.9 million
- 431,853
Student Debt Facts
- 66% of graduates from public colleges had on average $25,550 debt
- 75% of graduates from non-profit colleges had on average $32,300 debt
- 88% of graduates from for-profit colleges had on average $39,950 debt
- The total student loans debt is growing by an estimated $2,726 a second
- Over 2% of the US population = 7+ million defaulted on student loans
- Based on our survey 82% students used their student loan money for vacation, parties, electronics, and simillar
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