For those graduating college in the United States in 2020, five-figure debt was the norm across all states. Students in New Hampshire had the highest debt levels in the country, at 39,928 U.S. dollars on average. The lowest average amount of debt that students had was in the state of Utah at 18,344 U.S. dollars.

In 2024, the average student loan debt of graduates of Northwestern University, ranked as the 6th best college in the United States, amounted to 36,425 U.S. dollars. For students at Princeton University, classified as the best U.S. college in that year, they left college with student loan debt totaling 17,494 U.S. dollars on average.

In 2024, Generation Z in the United States had an average of roughly ****** U.S. dollars in student loan debt. By contrast, Generation X had the highest student loan debt, amounting to approximately ****** U.S. dollars. The value of outstanding student loans has been consistently rising over the past few decades.

Graph and download economic data for Student Loans Owned and Securitized (DISCONTINUED) (SLOAS) from Q1 2006 to Q4 2024 about student, securitized, owned, loans, and USA.

As of Q4 2024, Americans aged 50 to 61 years had the highest average student loan debt balance among all age groups, averaging 46,790.32 U.S. dollars of student debt per borrower. In comparison, Americans who were 24 years and younger had an average student debt balance of 14,161.76 U.S. dollars.

As of April 2023, federal student loan forgiveness programs forgave an average amount of around 21,347 U.S. dollars to eligible borrowers in the United States. In comparison, the average amount of student debt forgiven by the Public Service Loan Forgiveness program was 63,826 U.S. dollars per borrower. Public Service Loan Forgiveness grants federal loan forgiveness to borrowers who have been working for a qualifying public service employer full-time for 10 years and have made 120 monthly payments while working for that employer.

In the academic year 2022/23, the average student loan debt for a four-year bachelor's degree from a public college in the United States was 29,300 U.S. dollars. In comparison, student loan debt from a private for-profit college averaged almost 34,000 U.S. dollars.

Statistics on student debt, including the average debt at graduation, the percentage of graduates who owed large debt at graduation and the percentage of graduates with debt who had paid it off at the time of the interview, are presented by the province of study and the level of study. Estimates are available at five-year intervals.

Cambodia: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Cambodia from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

This data set represents average student loan debt by college and program in Utah as reported by the US Dept of Education in 2020. This data was created by the US Dept of Education by linking taxpayer data with student loan data.

In the academic year of 2023/2024, the average Subsidized and Unsubsidized Loan amount borrowed by undergraduate students in the United States amounted to 6,590 U.S. dollars. In that same year, the average borrower received about 21,300 U.S. dollars in PLUS loans.

Costa Rica: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Costa Rica from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

The Biden-Harris Administration released a plan to cancel federal student loans for 43 million borrowers on August 24, 2022. While the Supreme Court struck down the Biden-Harris' student debt relief plan on June 30, 2023, the White House is now planning to use the Higher Education Act of 1965, a federal law that governs the student loan program, to bring about relief for student borrowers. This article estimates the potential impact of broad-based student debt relief on racial and ethnic wealth gaps. On average, federal student debt potentially eligible for relief explains 3% of the White-Black wealth gaps, suggesting that broad-based student debt relief could significantly mitigate racial wealth inequities.Note: This is data and code accompanying the article.

China: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for China from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

Key information about United States Household Debt

• United States Household Debt reached 18,036.0 USD bn in Dec 2024, compared with the reported number of 17,943.0 USD bn in the previous quarter
• US Household Debt: USD mn data is updated quarterly, available from Mar 1999 to Dec 2024
• The data reached an all-time high of 18,036.0 USD bn in Dec 2024 and a record low of 4,540.0 USD bn in Mar 1999

• In the latest reports, United States Household Debt accounted for 61.7 % of the country's Nominal GDP in Dec 2024
• Money Supply M2 in United States increased 21,533.8 USD bn YoY in Dec 2024
• United States Foreign Exchange Reserves was measured at 34.9 USD bn in Dec 2024
• The Foreign Exchange Reserves equaled 0.1 Months of Import in Dec 2024
• United States Domestic Credit reached 30,648.3 USD bn in Mar 2024, representing an drop of 0.3 % YoY

In 2020, Black graduates took on the most student loan debt in the United States, borrowing an average of 58,400 U.S. dollars after four years of completing a bachelor's degree. In comparison, Hispanic graduates borrowed an average of 41,700 U.S. dollars after four years of completing a bachelor's degree.

The Comoros: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for the Comoros from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

Guyana: Student loan debt balance per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Guyana from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

Due to the impact of the COVID-19 pandemic, starting on March 13, 2020, the U.S. federal government paused payments on federal student loans, moving billions of dollars of student debt into forbearance. Federal student loans are in forbearance, meaning that no payments need to be made, and the interest rate has been set to zero percent until September 30, 2021. However, despite these measures, student debt increased in all states. The amount of student debt increased by 14 percent in Alaska between 2019 and 2020, the most out of any state.

United States HH Debt: Balance: New Seriously Delinquent Loan: Student Loan data was reported at 8.870 % in Mar 2020. This records a decrease from the previous number of 9.210 % for Dec 2019. United States HH Debt: Balance: New Seriously Delinquent Loan: Student Loan data is updated quarterly, averaging 8.873 % from Mar 2004 (Median) to Mar 2020, with 65 observations. The data reached an all-time high of 10.540 % in Mar 2013 and a record low of 5.397 % in Jun 2004. United States HH Debt: Balance: New Seriously Delinquent Loan: Student Loan data remains active status in CEIC and is reported by Federal Reserve Bank of New York. The data is categorized under Global Database’s United States – Table US.KB027: Household Debt.