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, students graduating from English universities will have incurred an average of 48,470 British pounds of student loan debt, compared with 37,360 pounds in Wales, 25,730 pounds in Northern Ireland, and around 16,680 pounds in Scotland.

In the academic year of 2021/22, students who took out student loans for private, nonprofit four-year colleges had an average of 33,600 U.S. dollars worth of debt upon completion of their degree. The per borrower category shows the average amount of debt amongst bachelor's degree recipients who had taken student loans.

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.

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. Because of this, student loan delinquencies also decreased, with the largest percent change experienced by accounts that are 90 to 180 days past due, with a 94 percent decrease in delinquencies.

Abstract copyright UK Data Service and data collection copyright owner.

Next Steps (also known as the Longitudinal Study of Young People in England (LSYPE1)) is a major longitudinal cohort study following a nationally representative group of around 16,000 who were in Year 9 attending state and independent schools in England in 2004, a cohort born in 1989-90.

The first seven sweeps of the study were conducted annually (2004-2010) when the study was funded and managed by the Department for Education (DfE). The study mainly focused on the educational and early labour market experiences of young people.

In 2015 Next Steps was restarted, under the management of the Centre for Longitudinal Studies (CLS) at the UCL Faculty of Education and Society (IOE) and funded by the Economic and Social Research Council. The Next Steps Age 25 survey was aimed at increasing the understanding of the lives of young adults growing up today and the transitions out of education and into early adult life.

The Next Steps Age 32 Survey took place between April 2022 and September 2023 and is the ninth sweep of the study. The Age 32 Survey aimed to provide data for research and policy on the lives of this generation of adults in their early 30s. This sweep also collected information on many wider aspects of cohort members' lives including health and wellbeing, politics and social participation, identity and attitudes as well as capturing personality, resilience, working memory and financial literacy.

Next Steps survey data is also linked to the National Pupil Database (NPD), the Hospital Episode Statistics (HES), the Individualised Learner Records (ILR) and the Student Loans Company (SLC).

There are now two separate studies that began under the LSYPE programme. The second study, Our Future (LSYPE2) (available at the UK Data Service under GN 2000110), began in 2013 and will track a sample of over 13,000 young people annually from ages 13/14 through to age 20.

Further information about Next Steps may be found on the CLS website.

Secure Access datasets:

Secure Access versions of Next Steps have more restrictive access conditions than Safeguarded versions available under the standard End User Licence (see 'Access' section).

Secure Access versions of the Next Steps include:

• sensitive variables from the questionnaire data for Sweeps 1-9. These are available under Secure Access SN 8656.
  
• National Pupil Database (NPD) linked data at Key Stages 2, 3, 4 and 5, England. These are available under SN 7104.
• Linked Individualised Learner Records learner and learning aims datasets for academic years 2005 to 2014, England. These are available under SN 8577.
  
• detailed geographic indicators for Sweep 1 and Sweep 8 (2001 Census Boundaries) - available under SN 8189 and geographic indicators for Sweep 8 (2011 Census Boundaries) - available under SN 8190. The Sweep 1 geography file was previously held under SN 7104.
• Linked Health Administrative Datasets (Hospital Episode Statistics) for years 1998-2017 held under SN 8681.
• Linked Student Loans Company Records for years 2007-2021 held under SN 8848.

When researchers are approved/accredited to access a Secure Access version of Next Steps, the Safeguarded (EUL) version of the study - Next Steps: Sweeps 1-9, 2004-2023 (SN 5545) - will be automatically provided alongside.

The Student Loans Company (SLC) is a non-profit making government-owned organisation that administers loans and grants to students in colleges and universities in the UK. The Next Steps: Linked Administrative Datasets (Student Loans Company Records), 2007 - 2021: Secure Access includes data on higher education loans for those Next Steps participant who provided consent to SLC linkage in the age 25 sweep. The matched SLC data contains information about participant's applications for student finance, payment transactions posted to participant's accounts, repayment details and overseas assessment details.

Main Topics:

The study includes four datasets:

Applicant: SLC data on cohort member’s application for student finance between academic years 2007 and 2020

Payments: SLC data on payment transactions made to cohort member between financial years 2007 and 2021.

Repayments: SLC data on cohort member’s repayment transactions between financial years 2009 and 2021.

Overseas: SLC data on overseas assessment for cohort member between 2007 and 2020

This table gives an overview of government expenditure on regular education in the Netherlands since 1900. All figures presented have been calculated according to the standardised definitions of the OECD. Government expenditure on education consists of expenditure by central and local government on education institutions and education. The government finances schools, colleges and universities. It pays for research and development conducted by universities. Furthermore it provides student grants and loans, allowances for school costs, provisions for students with a disability and child care allowances to households as well as subsidies to companies and non-profit organisations. Total government expenditure is broken down into expenditure on education institutions and education on the one hand and government expenditure on student grants and loans and allowances for school costs to households on the other. If applicable these subjects are broken down into pre-primary and primary education, special needs primary education, secondary education, senior secondary vocational and adult education, higher professional education and university education. Data are available from 1900. Figures for the Second World War period are based on estimations due to a lack of source material. The table also includes the indicator government expenditure on education as a percentage of gross domestic product (GDP). This indicator is used to compare government expenditure on education internationally. The indicator is compounded on the basis of definitions of the OECD (Organisation for Economic Cooperation and Development). The indicator is also presented in the StatLine table Education; Education expenditure and CBS /OECD indicators. Figures for the First World War and Second World War period are not available for this indicator due to a lack of reliable data on GDP for these periods. The statistic on Education spending is compiled on a cash basis. This means that the education expenditure and revenues are allocated to the year in which they are paid out or received. However, the activity or transaction associated with the payment or receipt can take place in a different year. Statistics Netherlands published the revised National Accounts in June 2024. Among other things, GDP has been adjusted upwards as a result of the revision. The revision has not been extended to the years before 1995. In the indicator 'Total government expenditure as % of GDP', a break occurs between 1994 and 1995 as a result of the revision. Data available from: 1900 Status of the figures: The figures from 1995 to 2022 are final. The 2023 figures are provisional. Changes on 31 December 2024: The final figures of 2021 and 2022 and the provisional figures of 2023 have been added. As a result of the revision of the National Accounts, among other things, GDP has been adjusted upwards. The indicator ‘Total government expenditure as % of GDP’ in this table has been updated on the basis of the revised figures for the entire time series since 1995. A break occurs in the indicator between 1994 and 1995. When will new figures be published? The final figures for 2023 and the provisional figures for 2024 will be published in December 2025. More information on the revision policy of National Accounts can be found under 'relevant articles' under paragraph 3.

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.

Over a fifth of consumers between 40 and 61 years old in the United States had student loan debt as of December 2021. Meanwhile, 31.5 percent of consumers younger than 40 had some student loan debt. That percentage decreased with age, as less than five percent of people over 61 had some kind of debt related to their studies. White consumers had more often student loan debt than other ethnic groups in the United States.

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.

This table gives an overview of expenditure on regular education within the Netherlands.

Government finance schools, colleges and universities. It pays for research which is done by universities on its behalf. Furthermore it provides student grants and loans, allowances for school costs, provisions for students with a disability and child care allowances as well as subsidies to companies and non-profit organisations. The government reclaims unjustified payments for student grants and loans and allowances for school costs. It also receives interest and repayments on student loans as well as EU grants for education.

Parents and/or students have to pay tuition fees for schools, colleges and universities, parent contributions and contributions for school activities. They also have to purchase books and materials, pay for transport from home to school and back for students who are not eligible for subsidised transport, pay for private tutoring, pay interest and repayments on student loans, and repay wrongfully received student grants, loans and allowances for school costs. Parents and/or students receive child care allowances, provisions for students with a disability and an allowance for school costs as well as student grants and loans and scholarships of companies.

Companies and non-profit organisations incur costs for supervising trainees and apprentices who combine learning with work experience. They also contribute to the cost of work related education of their employees and spend money on research that is outsourced to colleges for higher professional education and universities. Furthermore they contribute to the childcare allowances given to households and provide scholarships to students. Companies receive subsidies and tax benefits for the creation of apprenticeship places and trainee placements and for providing transport for pupils.

Organisations abroad contract universities in the Netherlands to undertake research for them. The European Union provides funds and subsidies for education to schools, colleges and universities as well as to the Dutch government. Foreign governments contribute to international schools in the Netherlands that operate under their nationality.

The table also contains various indicators used nationally and internationally to compare expenditure on education and place it in a broader context. The indicators are compounded on the basis of definitions of Statistics Netherlands and/or the OECD (Organisation for Economic Cooperation and Development). All figures presented have been calculated according to the standardised definitions of the OECD.

In this table tertiary education includes research and development, except for the indicator Expenditure on education institutions per student, excluding R & D.

The statistic on education spending is compiled on a cash basis. This means that the education expenditure and revenues are allocated to the year in which they are paid out or received. However, the activity or transaction associated with the payment or receipt can take place in a different year.

Statistics Netherlands published the revised National Accounts in June 2018. Among other things, GDP and total government expenditures have been adjusted upwards as a result of the revision.

Data available from: 1995

Status of the figures: The figures from 1995 to 2020 are final. The 2021 figures are revised provisional, the 2022 figures are provisional.

Changes as of 7 December 2023: The revised provisional figures of 2021 and the provisional figures of 2022 have been added.

When will new figures be published? The final figures for 2021 will be published in the first quarter of 2024. The final figures for 2022 and the provisional figures for 2023 will be published in December 2024.

Due to the impact of the COVID-19 pandemic, the U.S government paused payments on federal student loans starting on March 13, 2020, moving billions of dollars of student debt into forbearance. Forbearance means that no payments need to be made, with the interest rate set to zero percent. In the second quarter of 2022 and 2023, the majority of federal student loans remained in forbearance, totaling over 1000 billion U.S. dollars. However, loan repayments and interest rates restarted in October 2023, lowering the amount of student loans in forbearance to 93.7 billion U.S. dollars as of Q2 2024.

Key information about Thailand Household Debt: % of GDP

• Thailand household debt accounted for 88.8 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 89.7 % in the previous quarter.
• Thailand household debt to GDP ratio is updated quarterly, available from Mar 2003 to Sep 2024.
• The data reached an all-time high of 95.5 % in Mar 2021 and a record low of 40.6 % in Mar 2003.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Bank of Thailand provides Household Debt in local currency. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt as % of Nominal GDP prior to Q1 2012 excludes Student Loan Fund, National Housing Authority, Agricultural Cooperatives, Fisheries Cooperatives, Land Settlement Cooperatives, Consumer Cooperatives and Service Cooperatives.


Related information about Thailand Household Debt: % of GDP

• In the latest reports, Thailand Household Debt reached 445.6 USD bn in Mar 2023.
• Money Supply M2 in Thailand increased 3.3 % YoY in Dec 2024.
• Thailand Foreign Exchange Reserves was measured at 214.5 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 7.9 Months of Import in Jan 2025.
• Thailand Domestic Credit reached 786.6 USD bn in Dec 2024, representing an increased of 1.9 % YoY.

This dataset contains statistics relating to the number and types of students receiving Student Allowances, and the amounts received.