Total Us Student Loan Debt
The total amount of student loan debt is 147 trillion as of the end of 2018 more than credit cards or auto loans.
Total us student loan debt. Total federal student loan debt. Women hold almost two-thirds of total outstanding US. Anna Helhoski Ryan Lane November 18 2020 Many or all of the products featured here are.
This amount also varies depending on the type of college and degree. 114 90 days delinquent. Most of this debt is carried by younger adults.
Defaults were halted as part of the pandemic relief measures prior to the pandemic 111 of student loans were 90 days or more delinquent or are in default. And these numbers are growing. Student loan debt has become the second-largest category of debt in the United States rising to 79 billion in 2018 and 29 billion in the first quarter of 2019 alone.
Student loan debt is 167 trillion and 2018 college grads with loans owe 29200 on average. Private student debt is a relatively minute fraction of the total debt. Student Loan Delinquency Or Default Rate.
Borrowers between the ages of 25 and 34 had roughly 500 billion in federal student loan debt as of the fourth quarter of 2020 according to the US. 447 million Americans with student loan debt. As of 2021 1 in 4 Americans have student loan debt which is an est.
In second place is Texas where a total of 1106 billion in federal student debt is owed. Total federal student loan borrowers is 445 million. Most Americans with student debt are young.