Student Loan Debt Statistics
Statistic Verification
Source: Federal Reserve Board, Chronicle of Higher Education, College Board
Research Date: 7.16.2013
Student loan debt is on the rise in the United States along with the number of loan defaults.
Student Loan Debt Statistics Data
Average student loan debt $24,301
Percent of college students who borrow annually to help cover costs 60 %
Average number of college students who borrow annually 12,000,000
Approximate number of student loan borrowers with outstanding loans today 37,000,000
Total amount of outstanding student loan debt in the United States $1,100,000,000,000
Profit generated from student loan debt each year $20,360,000,000
Student Loan Repayment Statistics  
Percent of oustanding borrowers who have at least one past due loan 14 %
Approximate amount of past due student loan debt $85,000,000,000
Number of Student Loans by Age Number
29 and Under 14,000,000
30 – 39 10,600,000
40 – 49 5,700,000
50 – 59 4,600,000
60 + 2,200,000
Student loan breakdown by amount borrowed Percent who borrowed
$28,000 + 86 %
$54,000 + 10 %
$100,000 + 3 %
$200,000 + 1 %
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Student loan debt statistics percent of students who need to take out a student loan student loan repayment default statistics data on total number of students with student loans by freshman sophomore senior junior college with debt leaving college ?

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