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.

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.

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.

In the academic year 2003/04, a total of 99.9 billion U.S. dollars was offered to students across the United States in the form of loans. By 2023/24, this amount had slightly decreased to 99 billion U.S. dollars. This amount peaked in 2010/11, when 159.2 billion U.S. dollars were provided in student loans.

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.

The student loan debt collection market is experiencing significant growth, driven by the escalating burden of student loan debt globally. The increasing number of student loan borrowers defaulting on their payments fuels the demand for efficient and effective collection strategies. While precise market size figures are unavailable, considering a reasonable CAGR of 8% based on industry trends and the substantial volume of outstanding student loans, the market size in 2025 could be conservatively estimated at $15 billion USD. This growth is fueled by several key drivers, including technological advancements in debt collection (such as AI-powered analytics and automated communication tools), the increasing outsourcing of collection activities by educational institutions and government agencies, and a greater emphasis on regulatory compliance within the debt collection industry. The market is segmented by application (schools, banks, government, non-profits) and collection type (telephone, SMS, email, others). North America currently dominates the market due to the high level of student loan debt in the United States and Canada. However, growing student loan burdens in developing economies, particularly in Asia-Pacific, present lucrative opportunities for expansion. Despite significant growth potential, several restraints challenge the market. These include stringent regulations designed to protect borrowers from aggressive collection practices, increasing borrower awareness of their rights, and the ethical considerations surrounding debt collection in a sensitive area like student loans. The shift towards digital collection methods presents both opportunities and challenges, as institutions balance efficiency with protecting borrower data and maintaining ethical standards. Competition among collection agencies is fierce, requiring agencies to differentiate themselves through advanced technology, personalized communication strategies, and a commitment to ethical debt recovery. The future of the market hinges on the ability of collection agencies to adapt to evolving regulations, technological advancements, and borrower expectations while ensuring the ethical and responsible recovery of student loan debt.

United States HH Debt: Balance: Delinquent Loan: More Than 90 Days: Student Loan data was reported at 10.750 % in Mar 2020. This records a decrease from the previous number of 11.060 % for Dec 2019. United States HH Debt: Balance: Delinquent Loan: More Than 90 Days: Student Loan data is updated quarterly, averaging 8.960 % from Mar 2003 (Median) to Mar 2020, with 69 observations. The data reached an all-time high of 11.830 % in Sep 2013 and a record low of 6.032 % in Mar 2005. United States HH Debt: Balance: Delinquent Loan: More Than 90 Days: 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.

In the fourth quarter of 2024, 497.5 billion U.S. dollars worth of student loans were in forbearance in the United States. This reflects the effects of the coronavirus (COVID-19) pandemic, where the government temporarily paused student loan payments and froze the accumulation of interest. Federal student loan repayments resumed in October 2023, with 599 billion U.S. dollars worth of student loans in repayment as of Q4 2024. During this time period, outstanding student loan debt in the U.S. totaled over 1.77 trillion U.S. dollars.

The global student loan market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 9.20% from 2025 to 2033. This expansion is fueled by several key factors. Rising higher education costs globally necessitate increased borrowing by students, driving market demand. Furthermore, the increasing availability of diverse loan options, including federal, private, and income-based repayment plans (IBR, REPAYE, etc.), caters to a wider range of student needs and financial situations. Technological advancements, such as online lending platforms and streamlined application processes, also contribute to market growth by enhancing accessibility and efficiency. The market is segmented by loan type (federal/government, private), repayment plan (standard, graduated, IBR, REPAYE), age group (24 or younger, 25-34, above 35), and end-user (graduate students, high school students). The increasing number of graduate students globally and a growing awareness of higher education's importance are significant contributors to market expansion. North America, particularly the United States, is expected to dominate the market due to high tuition fees and a well-established student loan system. However, the market faces certain constraints. Concerns regarding student loan debt burdens and potential defaults pose challenges to market growth. Stringent regulatory frameworks and evolving government policies surrounding student loan programs can also impact market dynamics. Competitive pressures among lending institutions and fluctuations in interest rates further influence the market landscape. Despite these challenges, the long-term outlook remains positive, driven by the persistent demand for higher education and the continuing evolution of financial aid solutions. Key players such as Earnest, Juno, Credible, Citizens Bank, Discover, Mpower, Prodigy, Federal Student Aid, Sallie Mae, and College Ave are actively competing in this dynamic market, continually innovating to capture market share. Geographical expansion into emerging markets with growing middle classes and increasing access to higher education is another significant growth opportunity. Recent developments include: October 2023: Discover unveiled its latest national brand campaign, titled "Especially for Everyone," featuring the acclaimed actress Jennifer Coolidge. In a groundbreaking move, Coolidge will take center stage in nationwide advertising efforts, spotlighting Discover's array of benefits and products. Of notable significance, this campaign marks the company's inaugural foray into promoting a deposit product, specifically highlighting Discover's Cashback Debit Checking Account., July 2023: Earnest, a fintech company dedicated to enhancing accessibility and affordability in higher education, joined forces with Nova Credit, a cutting-edge credit bureau with a global reach. Together, they have introduced International Private Student Loans, opening up new opportunities for students around the world to pursue their educational dreams.. Key drivers for this market are: Government Initiatives are Driving the Market, Growing Aspirations for International Education is Driving the Market. Potential restraints include: Government Initiatives are Driving the Market, Growing Aspirations for International Education is Driving the Market. Notable trends are: High Education Costs is Driving the Market.

Key information about United States Household Debt: % of GDP

• United States household debt accounted for 61.7 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 62.3 % in the previous quarter.
• US household debt to GDP ratio is updated quarterly, available from Mar 1999 to Dec 2024.
• The data reached an all-time high of 85.8 % in Dec 2008 and a record low of 49.4 % in Mar 1999.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Federal Reserve Board of New York provides Household Debt in USD. The Bureau of Economic Analysis provides Nominal GDP in USD. Household Debt includes Mortgages, Home Equity Revolving, Auto Loans, Bankcards, Student Loans and Others.


Related information about United States Household Debt: % of GDP

• In the latest reports, US Household Debt reached 18,036.0 USD bn in Dec 2024.
• Money Supply M2 in US increased 3.9 % YoY in Jan 2025.
• US 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.
• US Domestic Credit reached 30,648.3 USD bn in Mar 2024, representing an drop of 0.3 % YoY.
• The country's Non Performing Loans Ratio stood at 1.7 % in Dec 2024, compared with the ratio of 1.5 % in the previous quarter.

Consumers in the United States had over **** trillion dollars in debt as of the first quarter of 2025. The majority of that debt were home mortgages, amounting to approximately **** trillion U.S. dollars. Student and car loans were the second and third largest component of household debt. Why is consumer debt important? Debt influences the Consumer Sentiment Index, which is an important indicator assessing the state of the U.S. economy. The U.S. housing market is also seen a bellwether of the economic conditions in the country. The housing industry employs a large number of people, and mortgages are large investments that consumers will pay off over the course of years, sometimes decades. Because of this, financial analysts closely watch consumer debt and its effects on the demand for housing. Attitudes towards debt Consumer perception of debt differed, depending on the kind of debt in question. While most saw a home mortgage as a positive investment, they increasingly looked at student loan debt as a negative debt. With education costs increasing, people are incurring more student loan debt in the United States. Credit card debt also had negative connotations.

Market Analysis for Educational Debt Recovery Services The global educational debt recovery services market is projected to reach XXX million by 2033, growing at a CAGR of XX% during 2025-2033. The rising student loan debt, coupled with the increasing number of students enrolling for higher education programs, is driving the market growth. Additionally, the surge in vocational and training courses, increased pressure on educational institutions to recover unpaid debts, and the proliferation of non-litigation collection methods are contributing to market expansion. Key market segments include non-litigation collection and litigation collection. The non-litigation collection segment holds a larger market share due to its cost-effectiveness, simplicity, and focus on customer relationships. Major companies in the market include STA International, Cedar Financial, Legal Recoveries, and S&S Recovery, Inc. Prominent regional markets include North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America currently dominates the market due to the high student loan debt in the United States. However, emerging markets such as Asia Pacific and Latin America are expected to witness significant growth in the coming years.

Snapshot img

Debt Settlement Market Size 2024-2028

The debt settlement market size is forecast to increase by USD 5.07 billion at a CAGR of 10.3% between 2023 and 2028.

The market is experiencing significant growth due to the increasing trend of consumers seeking relief from mounting credit card debts. One-time debt settlement has gained popularity as an effective solution for individuals looking to reduce their outstanding debt balances. However, the time-consuming nature of negotiations between debtors and creditors poses a challenge for market expansion. Despite this, the market's strategic landscape remains favorable for companies offering debt settlement services. Key drivers include the rising number of consumers struggling with debt, increasing awareness of debt settlement as a viable debt relief option, and the growing preference for affordable and flexible debt repayment plans.
Companies seeking to capitalize on market opportunities should focus on streamlining the negotiation process, leveraging technology to enhance customer experience, and building trust and transparency with clients. Effective operational planning and strategic partnerships with creditors can also help companies navigate the challenges of a competitive and complex market.

What will be the Size of the Debt Settlement Market during the forecast period?

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The market encompasses a range of companies offering financial wellness programs to help consumers manage and reduce their debt. These programs include medical Debt collection, consumer debt relief, and financial education resources. Online financial resources and debt management software are increasingly popular, providing consumers with affordable debt solutions and debt negotiation strategies. However, it's crucial for consumers to be aware of debt settlement scams and their settlement success rates. Debt consolidation loans and financial planning tools are also viable options for responsible debt management. Furthermore, financial literacy education and workshops are essential for consumers to understand debt reduction calculators and credit reporting errors.
Consumer financial protection agencies offer financial counseling services and financial planning advice to promote financial wellness strategies and responsible borrowing. Student loan forgiveness programs are also gaining traction in the market. Overall, the market for debt settlement and financial wellness solutions continues to evolve, with a focus on providing accessible and effective debt relief options for consumers.

How is this Debt Settlement Industry segmented?

The debt settlement industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Credit card debt
  Student loan debt
  Medical debt
  Auto loan debt
  Unsecured personal loan debt
  Others


End-user

  Individual
  Enterprise
  Government


Distribution Channel

  Online
  Offline
  Hybrid


Service Type

  Debt Settlement
  Debt Consolidation
  Debt Management Plans
  Credit Counseling


Provider Type

  For-profit Debt Settlement Companies
  Non-profit Credit Counseling Agencies
  Law Firms
  Financial Institutions


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa



  APAC

    China
    India
    Japan
    South Korea


  South America



  Rest of World (ROW)

By Type Insights

The credit card debt segment is estimated to witness significant growth during the forecast period.

The market experiences significant activity due to the escalating credit card debt among consumers. In India, for instance, the rising financial hardships faced by borrowers are evident in the increasing credit card defaults. The latest data indicates that credit card defaults in India reached 1.8% in June 2024, a notable increase from 1.7% six months prior and 1.6% in March 2023. This trend underscores the mounting financial pressures on consumers. The outstanding credit card debt in India mirrors this trend, with approximately USD3.25 billion in outstanding balances as of June 2024, a slight increase from the previous year.

Debt elimination and negotiation strategies, such as debt relief programs and debt consolidation, have become increasingly popular among consumers seeking financial relief. Credit reporting agencies play a crucial role in this process, as they maintain and report consumers' credit histories to lenders. Student loan debt, medical debt, tax debt, and payday loans are other significant contributors to the market. Consumers often turn to debt validation, credit repair, and financial coaching for guidance in managing their debts. Online platforms, mobile apps, and budgeting tools have become

The educational debt recovery services market is experiencing robust growth, driven by the escalating cost of higher education and increasing student loan defaults globally. The market, estimated at $10 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033, reaching approximately $18 billion by 2033. This growth is fueled by several key factors. Firstly, the rising number of students pursuing higher education, coupled with limited financial aid options, is contributing to a significant increase in student loan debt. Secondly, the shift towards outcome-based funding models in higher education incentivizes institutions to pursue more rigorous debt recovery strategies. Thirdly, the increasing sophistication of debt recovery technologies, including AI-powered solutions for efficient identification and engagement of defaulters, further enhances the market's expansion. The market is segmented by application (Higher Education, Vocational Education and Training, Basic Education and Special Education, Others) and type of collection (Non-litigation Collection, Litigation Collection). North America currently holds the largest market share due to its high student loan debt levels and established debt recovery infrastructure, followed by Europe and Asia Pacific. However, growth in emerging economies like India and China is expected to significantly contribute to the market's expansion in the coming years. Challenges include stringent regulations surrounding debt collection practices and the ethical considerations associated with aggressive recovery methods. Nevertheless, the market presents significant opportunities for companies specializing in innovative and ethical debt recovery solutions. The competitive landscape is characterized by a mix of large multinational corporations and smaller specialized firms. Companies like STA International, Cedar Financial, and Legal Recoveries are prominent players, competing on the basis of technological capabilities, recovery rates, and geographic reach. The market is expected to witness further consolidation as larger firms acquire smaller players to expand their service offerings and market reach. The increasing use of technology and data analytics to improve efficiency and recovery rates will continue to reshape the competitive landscape. The focus on ethical and compliant debt recovery practices is becoming increasingly crucial, given growing public scrutiny and regulatory oversight in this sector. Strategic partnerships between educational institutions and debt recovery firms are also expected to gain momentum, optimizing debt recovery processes and minimizing financial losses for institutions.

This datasets contains information about NYCHA residents’ use of: a) NYC Financial Empowerment Centers: a program that provides free, one-on-one professional financial counseling and coaching to all NYC residents. Each row in the dataset represents the number of NYCHA residents on a Borough-level who utilized this service; b) EmpoweredNYC: is an initiative to assist New Yorkers with disabilities and their families to better manage their finances and become more financially stable. Each row in the dataset represents the number of NYCHA residents on a Borough-level who utilized this service; c) Student Loan Debt clinic: is an initiative to help New Yorkers understand their student loans and how to repay them. Each row in the dataset represents the number of NYCHA residents on a Borough-level who utilized this service; and d) Ready to Rent: a program providing free one-on-one financial counseling to New Yorkers seeking to apply for affordable housing units through HPD’s Housing Connect lottery. Each row in the dataset represents the number of NYCHA residents on a Borough-level who utilized this service. The dataset is part of the annual report compiled by the Mayor’s Office of Operations as mandated by the Local Law 163 of 2016 on different services provided to NYCHA residents. See other datasets in this report by searching the keyword “Services available to NYCHA Residents - Local Law 163 (2016)” on the Open Data Portal.

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.

In April 2024, Americans were asked if they think they will ever fully pay off their student loan debt. According to the survey, almost 20 percent of those who owed money toward student loans stated that they would definitely not be able to fully pay their loans off.

Debt collection agencies have been severely impacted by several macroeconomic events and uneven consumer sentiment, creating large shifts in debt payments and new debt accrual. Following the pandemic, debt collection agencies struggled to find their footing, as a multitude of government assistance through policies such as the American Rescue Plan of March 2021 and student loan freeze bolstered individual consumers’ debt repayment capabilities and resulted in a considerable slowdown in overall debt accrual. However, in recent years, this has reversed, as the interest rate hikes in 2023, which peaked at 5.3% per the Federal Reserve, made it more difficult to finance debt payments. The lifting of the student loan freeze in October 2023 created further repayment stresses for consumers, while businesses were forced to rely on more expensive financing options for their capital needs due to high interest rates. Despite the more recent recovery, the overarching effects of debt repayment freeze and generous federal stimulus resulted in revenue slipping at a CAGR of 2.6% to an estimated $16.4 billion over the past five years, including an estimated 2.3% boost in 2025 alone. Small debt collection agencies face significant pressure from emerging accounts receivable platforms and virtual debt collection companies that aim to replace traditional practices. Prominent debt collectors can invest in new communication methods and data analytics, giving them an edge in outreach techniques such as telephone calling and social media communications. Competitive pressures intensify as new technology enables companies to manage their own debt collection, while out-of-market firms like fintech, e-commerce and payment platforms gain new revenue streams. Prominent companies, such as Alorica Inc., have responded tactically, with the company pursuing an AI cloud partnership with Google in October 2024 which bolstered profitability through more efficient internal workflow and direct-to-consumer services.Moving forward, debt collection agencies face positive prospects amid anticipated slowdown in interest rates and continued growth in medical and student loan debt. Consumers will use less revolving debt and hold larger balances in a higher interest rate environment; according to 2024 data from the New York Fed, outstanding credit card debt exceeded $1.2 trillion last year alone. Nonetheless, continued pressure from in-house alternatives among established financial organizations will force debt collection agencies to remain at the forefront of workflow modernization when procuring debt portfolios. Revenue is expected to accelerate at a CAGR of 2.1% to an estimated $18.3 billion through the end of 2030.

This dataset consists of a selection of variables extracted from the U.S. Department of Education's College Scorecard 2015/2016. For the original, raw data visit the College Scorecard webpage. This dataset includes variables about institution types, proportion of degree types awarded, student enrollments and demographics, and a number of price and revenue variables. For 2005-2006 data, see here.Note: Data is not uniformly available for all schools on all variables. Variables for which there is no data (NULL), or where data is suppressed for reasons of privacy, are indicated by 999999999.

ATTRIBUTE DESCRIPTION EXAMPLE

ID2 1

UNITIDUnit ID for institution 100654

OPEID 8-digit OPE ID for institution 100200

OPEID6 6-digit OPE ID for institution 1002

State FIPS

1

State

AL

Zip

35762

City

Normal

Institution Name

Alabama A & M University

Institution Type 1 Public 2 Private nonprofit 3 Private for-profit 1

Institution Level 1 4-year 2 2-year 3 Less-than-2-year 1

In Operation 1 true 0 false 1

Main Campus 1 true 0 false 1

Branches Count of the number of branches 1

Popular Degree 1 Predominantly certificate-degree granting 2 Predominantly associate's-degree granting 3 Predominantly bachelor's-degree granting 4 Entirely graduate-degree granting 3

Highest Degree 0 Non-degree-granting 1 Certificate degree 2 Associate degree 3 Bachelor's degree 4 Graduate degree 4

PCIP01 Percentage of degrees awarded in Agriculture, Agriculture Operations, And Related Sciences. 0.0446

PCIP03 Percentage of degrees awarded in Natural Resources And Conservation. 0.0023

PCIP04 Percentage of degrees awarded in Architecture And Related Services. 0.0094

PCIP05 Percentage of degrees awarded in Area, Ethnic, Cultural, Gender, And Group Studies. 0

PCIP09 Percentage of degrees awarded in Communication, Journalism, And Related Programs. 0

PCIP10 Percentage of degrees awarded in Communications Technologies/Technicians And Support Services. 0.0164

PCIP11 Percentage of degrees awarded in Computer And Information Sciences And Support Services. 0.0634

PCIP12 Percentage of degrees awarded in Personal And Culinary Services. 0

PCIP13 Percentage of degrees awarded in Education. 0.1268

PCIP14 Percentage of degrees awarded in Engineering. 0.1432

PCIP15 Percentage of degrees awarded in Engineering Technologies And Engineering-Related Fields. 0.0587

PCIP16 Percentage of degrees awarded in Foreign Languages, Literatures, And Linguistics. 0

PCIP19 Percentage of degrees awarded in Family And Consumer Sciences/Human Sciences. 0.0188

PCIP22 Percentage of degrees awarded in Legal Professions And Studies. 0

PCIP23 Percentage of degrees awarded in English Language And Literature/Letters. 0.0235

PCIP24 Percentage of degrees awarded in Liberal Arts And Sciences, General Studies And Humanities. 0.0423

PCIP25 Percentage of degrees awarded in Library Science. 0

PCIP26 Percentage of degrees awarded in Biological And Biomedical Sciences. 0.1009

PCIP27 Percentage of degrees awarded in Mathematics And Statistics. 0.0094

PCIP29 Percentage of degrees awarded in Military Technologies And Applied Sciences. 0

PCIP30 Percentage of degrees awarded in Multi/Interdisciplinary Studies. 0

PCIP31 Percentage of degrees awarded in Parks, Recreation, Leisure, And Fitness Studies. 0

PCIP38 Percentage of degrees awarded in Philosophy And Religious Studies. 0

PCIP39 Percentage of degrees awarded in Theology And Religious Vocations. 0

PCIP40 Percentage of degrees awarded in Physical Sciences. 0.0188

PCIP41 Percentage of degrees awarded in Science Technologies/Technicians. 0

PCIP42 Percentage of degrees awarded in Psychology. 0.0282

PCIP43 Percentage of degrees awarded in Homeland Security, Law Enforcement, Firefighting And Related Protective Services. 0.0282

PCIP44 Percentage of degrees awarded in Public Administration And Social Service Professions. 0.0516

PCIP45 Percentage of degrees awarded in Social Sciences. 0.0399

PCIP46 Percentage of degrees awarded in Construction Trades. 0

PCIP47 Percentage of degrees awarded in Mechanic And Repair Technologies/Technicians. 0

PCIP48 Percentage of degrees awarded in Precision Production. 0

PCIP49 Percentage of degrees awarded in Transportation And Materials Moving. 0

PCIP50 Percentage of degrees awarded in Visual And Performing Arts. 0.0258

PCIP51 Percentage of degrees awarded in Health Professions And Related Programs. 0

PCIP52 Percentage of degrees awarded in Business, Management, Marketing, And Related Support Services. 0.1479

PCIP54 Percentage of degrees awarded in History. 0

Admission Rate

0.6538

Average RetentionRate of retention averaged between full-time and part-time students. 0.4428

Retention, Full-Time Students

0.5779

Retention, Part-Time Students

0.3077

Completion Rate

0.1104

Enrollment Number of enrolled students 4505

Male Students Percentage of the student body that is male. 0.4617

Female Students Percentage of the student body that is female. 0.5383

White Percentage of the student body that identifies as white. 0.034

Black Percentage of the student body that identifies as African American. 0.9216

Hispanic Percentage of the student body that identifies as Hispanic or Latino. 0.0058

Asian Percentage of the student body that identifies as Asian. 0.0018

American Indian and Alaskan Native Percentage of the student body that identifies as American Indian or Alaskan Native. 0.0022

Native Hawaiian and Pacific Islander Percentage of the student body that identifies as Native Hawaiian or Pacific islander. 0.0018

Two or More Races Percentage of the student body that identifies as two or more races. 0

Non-Resident Aliens Percentage of the student body that are non-resident aliens. 0.0062

Race Unknown Percentage of the student body for whom racial identity is unknown. 0.0266

Percent Parents no HS Diploma Percentage of parents of students whose highest level of education is less than high school. 0.019298937

Percent Parents HS Diploma Percentage of parents of students whose highest level of education is high school 0.369436786

Percent Parents Post-Secondary Ed. Percentage of parents of students whose highest level of education is college or above. 0.611264277

Title IV Students Percentage of student body identified as Title IV 743

HCM2 Cash Monitoring Schools identified by the Department of Ed for Higher Cash Monitoring Level 2 0

Net Price

13435

Cost of Attendance

20809

In-State Tuition and Fees

9366

Out-of-State Tuition and Fees

17136

Tuition and Fees (Program) Tuition and fees for program-year schools NULL

Tution Revenue per Full-Time Student

9657

Expenditures per Full-Time Student

7941

Average Faculty Salary

7017

Percent of Students with Federal Loan

0.8159

Share of Students with Federal Loan

0.896382157

Share of Students with Pell Grant

0.860906217

Median Loan Principal Amount upon Entering Repayment

14600

Median Debt for Completed Students Median debt for student who completed a course of study 35000

Median Debt for Incompleted Students Median debt for student who did not complete a course of study 9500

Median Debt for Family Income $0K-$30K Median debt for students of families with less thank $30,000 income 14457

Median Debt for Family Income $30K-$75K Median debt for students of families with $30,000-$75,000 income 15000

Median Debt for Family Income over $75K Median debt for students of families with over $75,000 income 14250

Median Debt Female Students

16000

Median Debt Male Students

13750

Median Debt 1st Gen. Students Median debt for first generation college student 14307.5

Median Debt Not 1st Gen. Students Median debt for not first generation college students 14953

Cumulative Loan Debt Greater than 90% of Students (90th Percentile)

48750

Cumulative Loan Debt Greater than 75% of Students (75th Percentile)

32704

Cumulative Loan Debt Greater than 25% of Students (25th Percentile)

5500

Cumulative Loan Debt Greater than 10% of Students (10th Percentile)

3935.5

Accrediting Agency

Southern Association of Colleges and Schools Commission on Colleges

Website

www.aamu.edu/

Price Calculator

www2.aamu.edu/scripts/netpricecalc/npcalc.htm

Latitude

34.783368

Longitude

-86.568502

The university in the United States with the largest endowment market value in 2024 was Harvard University, with an endowment fund value of about 51.98 billion U.S. dollars. U.S. higher education Colleges and universities in the United States rank highly among the world’s most prestigious institutions of higher education. Many universities are particularly well known for their strong research capabilities and their connections to many Nobel Prize winning laureates.The U.S. university system is largely decentralized. Except for service academies and staff colleges, the federal government does not directly regulate universities; public universities are administered solely by the individual states. Besides the state administered public universities, there are many private universities in the United States, most are non-profit institutions, similar to the public universities, but there are also a number of institutions that rely on profit (Walden University in Minnesota, for example).In general, tuition fees are required to be paid by students at American universities. Public universities generally charge lower tuition rates to in-state students, than to out-of-state students. Private universities are often much more expensive than public ones because they do not receive funding from state governments.American students are often required to take out student loans to supplement scholarships and grants provided by diverse sources to be able to pay for tuition. Student debt has become a major issue in the United States in recent years, with many Americans unsure if they can even afford to pay off their student loans in the future.