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.

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.

Direct combined loans, also called Stafford loans, accounted for *** 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 **** trillion U.S. dollars.

Debt Balance Student Loans in the United States increased to 1.63 Trillion USD in the first quarter of 2025 from 1.62 Trillion USD in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States Debt Balance Student Loans.

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.

In 2025, students graduating from English universities will have incurred an average of 53,000 British pounds of student loan debt, compared with 39,000 pounds in Wales, 28,000 pounds in Northern Ireland, and around 18,000 pounds in Scotland.

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.

Graph and download economic data for Federal Government; Consumer Credit, Student Loans; Asset, Level (FGCCSAQ027S) from Q4 1945 to Q1 2025 about student, IMA, consumer credit, federal, assets, loans, government, consumer, and USA.

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.

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 .

The global student debt recovery services market is experiencing robust growth, driven by the increasing burden of student loan debt worldwide and the rising adoption of sophisticated debt recovery techniques. The market, segmented by application (schools, banks, government, non-profits) and service type (tuition fee, living expenses, other education-related debt), is witnessing a compound annual growth rate (CAGR) exceeding 10% – a figure derived from observing similar financial services sectors and considering the persistent issue of student loan defaults. North America currently holds the largest market share, fueled by high student loan debt levels and a well-established debt recovery infrastructure. However, rapid economic growth and expanding access to higher education in regions like Asia-Pacific are creating significant opportunities for market expansion. Key players in this market are leveraging technological advancements, such as AI-powered analytics and automated debt collection systems, to enhance efficiency and recovery rates. Regulations surrounding debt collection practices also play a significant role, impacting market dynamics and influencing the strategies employed by service providers. The ongoing evolution of these regulations necessitates continuous adaptation and compliance for companies operating in this sector. The competitive landscape is characterized by a mix of large, established players and smaller, specialized firms. These companies compete on factors such as recovery rates, technology, regulatory compliance, and client service. While consolidation and acquisitions are likely to shape the industry landscape in the coming years, the focus on providing ethical and legally compliant services remains paramount. Future growth will depend on factors including the overall economic climate, government policies related to student loans and debt recovery, and the ongoing development and adoption of innovative technologies within the sector. The market is expected to witness further diversification of services, catering to the evolving needs of diverse stakeholders across various geographical regions.

Percentage of graduates who borrowed from government student loan programs and their average debt at graduation, 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.

The United Arab Emirates: 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 United Arab Emirates from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Over 44.7 million Americans carry student loan debt, with the total amount valued at approximately $1.31 trillion (Quarterly Report, 2019). Ergo, consumer spending, a factor of GDP, is stifled and negatively impacts the economy (Frizell, 2014, p. 22). This study examined the relationship between student loan debt and the probability of a recession in the near future, as well as the effects of proposed student loan forgiveness policies through the use of a created model. The Federal Reserve Bank of St. Louis’s website (FRED) was used to extract data regarding total GDP per quarter and student loan debt per quarter ("Federal Reserve Economic Data," 2019). Through the combination of the student loan debt per quarter and total GDP per quarter datasets, the percentage of total GDP composed of student loan debt per quarter was calculated and fitted to a logistic curve. Future quarterly values for total GDP and the percentage of total GDP composed by student loan debt per quarter were found through Long Short Term Models and Euler’s Method, respectively. Through the creation of a probability of recession index, the probability of recession per quarter was compared to the percentage of total GDP composed by student loan debt per quarter to construct an exponential regression model. Utilizing a primarily quantitative method of analysis, the percentage of total GDP composed by student loan debt per quarter was found to be strongly associated[p < 1.26696* 10-8]with the probability of recession per quarter(p(R)), with the p(R) tending to peak as the percentage of total GDP composed of student loan debt per quarter strayed away from the carrying capacity of the logistic curve. Inputting the student loan debt forgiveness policies of potential congressional bills proposed by lawmakers found that eliminating 49.7 % and 36.7% of student loan debt would reduce the recession probabilities to be 1.73545*10-29% and 9.74474*10-25%, respectively.

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.

The Educational Debt Recovery Services market is experiencing significant growth, driven by rising tuition fees and increasing student loan defaults globally. The market's expansion is fueled by several factors. Firstly, the escalating cost of higher education compels students to take on larger loans, increasing the potential for defaults. Secondly, the evolving regulatory landscape surrounding student loan repayment and collection is creating opportunities for specialized recovery services. Furthermore, technological advancements are streamlining collection processes, improving efficiency and reducing operational costs for providers. The market is segmented by application (Higher Education, Vocational Education and Training, Basic Education and Special Education, Others) and type of collection (Non-litigation and Litigation). While North America currently holds a dominant market share due to the high volume of student debt, growth in emerging markets like Asia-Pacific is projected to be substantial. The competitive landscape is populated by both established players and emerging firms employing diverse collection strategies. Challenges include stringent regulations, economic downturns impacting borrowers' repayment capabilities, and maintaining ethical collection practices. The forecast period (2025-2033) anticipates a consistent CAGR, though a precise figure requires further data. However, considering the aforementioned drivers and restraints, a conservative estimate of 5-7% annual growth is plausible. This growth will be largely influenced by the continued rise in student debt, the adoption of innovative collection technologies, and the strategic expansion of service providers into new geographic markets and educational segments. The market will see increasing consolidation, with larger players acquiring smaller firms to enhance their market reach and service offerings. Successful companies will be those that effectively balance aggressive revenue generation with ethical and compliant collection practices, while adapting to evolving technologies and regulatory changes.

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 .

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 .

The online financial debt collection solutions market is experiencing robust growth, driven by the increasing volume of digital transactions and the need for efficient and cost-effective debt recovery methods. The market's shift towards cloud-based solutions reflects a broader industry trend towards enhanced scalability, accessibility, and data security. While the on-premise segment still holds a significant share, the cloud-based segment is projected to witness faster growth due to its inherent advantages. The application segments, encompassing student loans, government debts, retail, telecom & utility, and others, present diverse opportunities. The student loan segment, for instance, is fueled by rising student debt levels globally, while the government segment benefits from the need for efficient tax and other public debt recovery. Retail and telecom & utility segments leverage online solutions for managing customer arrears and maintaining streamlined collections processes. Geographic expansion is also a key driver, with North America and Europe currently dominating the market, but regions like Asia Pacific exhibiting high growth potential due to increasing digital adoption and a burgeoning middle class. Competitive pressures are present, with established players like FIS and Experian alongside a growing number of specialized debt collection software providers. Future market growth will likely be influenced by factors like regulatory changes related to data privacy and debt collection practices, the evolving technological landscape (e.g., AI and machine learning integration), and economic fluctuations impacting debt levels. The market's Compound Annual Growth Rate (CAGR) is estimated to be around 12% based on industry trends and considering the significant investments being made in digital transformation by financial institutions. This implies a substantial market expansion over the forecast period (2025-2033). The restraints on market growth mainly include concerns regarding data security and privacy, the complexity of implementing new technologies, and the need for robust compliance frameworks to navigate varying regulations across different jurisdictions. However, the overall outlook for the online financial debt collection solutions market remains positive, promising substantial opportunities for both established players and new entrants. Successful players will likely focus on innovation, offering customized solutions catering to specific market segments and incorporating advanced technologies like AI and predictive analytics to enhance efficiency and effectiveness.