The value of outstanding student loans in the United States has ballooned since the first quarter of 2006. As of the fourth quarter of 2024, American students owed over 1.77 trillion U.S. dollars in student loans. In the first quarter of 2006, this figure stood at 480.9 billion 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.

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.

Graph and download economic data for Federal Government; Consumer Credit, Student Loans; Asset, Level (FGCCSAQ027S) from Q4 1945 to Q4 2024 about student, IMA, consumer credit, federal, assets, loans, government, consumer, and USA.

In 2024, the generation Z in the United States had an average of roughly 22,950 U.S. dollars in student loan debt. By contrast, Generation X had the highest student loan debt, amounting to approximately 44,240 U.S. dollars. The value of outstanding student loans has been consistently rising over the past few decades.

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.

According to a survey conducted in 2022, Black women were the most likely demographic to have student loan debt in the United States, with 43.4 percent of Black women who had attended some college or higher reporting a student loan balance. In comparison, 24.1 percent of Hispanic women and 19.9 percent of White women in the United States with at least some college or higher had student loan debt in 2022.

Student debt of postsecondary graduates who borrowed from government or non-government sources and their debts at graduation by province of study, level of study, field of study and gender.

Incidence and repayment of government student loans among graduates who did not pursue any further postsecondary education program, Canada and provinces. This table is included in Section B: Financing education systems of the Pan Canadian Education Indicators Program (PCEIP). PCEIP is an ongoing initiative of the Canadian Education Statistics Council, a partnership between Statistics Canada and the Council of Ministers of Education, Canada that provides a set of statistical measures on education systems in Canada.

As of the fourth quarter of 2024, federal student loan borrowers aged between 35 and 49 years had the most student debt out of all age groups in the United States, with a total outstanding debt of 646.6 billion U.S. dollars. Studies have shown that Black women are the most likely demographic to have student loan debt in the United States.

South Africa: 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 South Africa 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 .

Saint Vincent and the Grenadines: 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 Saint Vincent and the Grenadines 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 Central African Republic: Percent of student loan debt balance 90+ days delinquent: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for the Central African Republic from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Direct combined loans, also called Stafford loans, accounted for 856 billion U.S. dollars of outstanding student loan debt in the United States in 2024. Stafford loans are a type of federal student loans offered to eligible university students at a lower interest rate than private loans. In the first quarter of 2024, outstanding student loan debt in the United States totaled over 1.75 trillion U.S. dollars.

Graph and download economic data for Nonprofit Organizations; Consumer Credit, Student Loans; Asset, Transactions (BOGZ1FA163066223Q) from Q4 1946 to Q4 2024 about student, nonprofit organizations, consumer credit, transactions, assets, loans, consumer, and USA.

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

Graph and download economic data for Nonprofit Organizations; Consumer Credit, Student Loans; Asset, Revaluation (BOGZ1FR163066223Q) from Q4 1946 to Q4 2024 about student, revaluation, nonprofit organizations, consumer credit, assets, loans, consumer, and USA.

United States - Nonprofit Organizations; Consumer Credit, Student Loans; Asset, Level was 17.86900 Bil. Of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - Nonprofit Organizations; Consumer Credit, Student Loans; Asset, Level reached a record high of 90.37600 in January of 2009 and a record low of 0.00000 in October of 1946. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nonprofit Organizations; Consumer Credit, Student Loans; Asset, Level - last updated from the United States Federal Reserve on March of 2025.

United States - Federal Government; Consumer Credit, Student Loans; Asset, Level was 1437078.00000 Mil. of $ in January of 2021, according to the United States Federal Reserve. Historically, United States - Federal Government; Consumer Credit, Student Loans; Asset, Level reached a record high of 1437078.00000 in January of 2021 and a record low of 0.00000 in January of 1946. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Federal Government; Consumer Credit, Student Loans; Asset, Level - last updated from the United States Federal Reserve on March of 2025.