New data is out via StatisticBrain.com on college student loan debt.
| Student Loan Debt Statistics |
Data |
| Average student loan debt |
$30,000 |
| Percent of college students who borrow annually to help cover costs |
60 % |
| Average number of college students who borrow annually |
12,250,000 |
| Approximate number of student loan borrowers with outstanding loans today |
39,500,000 |
| 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 |
Data |
| Percent of outstanding 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 % |
Like this:
Like Loading...
Related
Hoosier Econ 