47 datasets found
  1. Value of outstanding student loans U.S. 2006-2024

    • statista.com
    Updated Mar 6, 2025
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    Statista (2025). Value of outstanding student loans U.S. 2006-2024 [Dataset]. https://www.statista.com/statistics/1077038/value-outstanding-student-loans-us/
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    Dataset updated
    Mar 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  2. Average student debt of students at top U.S. universities 2024

    • statista.com
    Updated Mar 19, 2025
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    Statista (2025). Average student debt of students at top U.S. universities 2024 [Dataset]. https://www.statista.com/statistics/621365/median-student-debt-of-students-at-top-us-universities/
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    Dataset updated
    Mar 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  3. Total outstanding federal student loan debt U.S. 2024, by age group

    • statista.com
    Updated Jun 24, 2025
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    Statista (2025). Total outstanding federal student loan debt U.S. 2024, by age group [Dataset]. https://www.statista.com/statistics/1450150/federal-student-loan-debt-by-age-us/
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    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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 ***** billion U.S. dollars. Studies have shown that Black women are the most likely demographic to have student loan debt in the United States.

  4. T

    United States Debt Balance Student Loans

    • tradingeconomics.com
    • fr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Mar 15, 2025
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    TRADING ECONOMICS (2025). United States Debt Balance Student Loans [Dataset]. https://tradingeconomics.com/united-states/debt-balance-student-loans
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    excel, xml, json, csvAvailable download formats
    Dataset updated
    Mar 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 31, 2003 - Mar 31, 2025
    Area covered
    United States
    Description

    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.

  5. Total balance of federal student loan debt in forbearance U.S. 2022-2024

    • statista.com
    Updated Jul 11, 2025
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    Statista (2025). Total balance of federal student loan debt in forbearance U.S. 2022-2024 [Dataset]. https://www.statista.com/statistics/1242457/total-balance-student-loand-debt-forbearance-us/
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    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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 **** billion U.S. dollars as of Q2 2024.

  6. F

    Student Loans Owned and Securitized (DISCONTINUED)

    • fred.stlouisfed.org
    json
    Updated Feb 7, 2025
    + more versions
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    (2025). Student Loans Owned and Securitized (DISCONTINUED) [Dataset]. https://fred.stlouisfed.org/series/SLOAS
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    jsonAvailable download formats
    Dataset updated
    Feb 7, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    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.

  7. Number of student loan borrowers by balance U.S. 2024

    • statista.com
    Updated Jun 24, 2025
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    Statista (2025). Number of student loan borrowers by balance U.S. 2024 [Dataset]. https://www.statista.com/statistics/1078714/number-student-loan-borrowers-balance-us/
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    Dataset updated
    Jun 24, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    As of Q4 2024, over *** million student loan borrowers in the United States had an outstanding student loan balance totaling over 200,000 U.S. dollars, while around *** million people had an outstanding student loan balance totaling between 5,000 to 10,000 U.S. dollars.

  8. F

    Federal Government; Consumer Credit, Student Loans; Asset, Level

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
    + more versions
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    (2025). Federal Government; Consumer Credit, Student Loans; Asset, Level [Dataset]. https://fred.stlouisfed.org/series/FGCCSAQ027S
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    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    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.

  9. United States Household Debt

    • ceicdata.com
    Updated Feb 27, 2025
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    CEICdata.com (2025). United States Household Debt [Dataset]. https://www.ceicdata.com/en/indicator/united-states/household-debt
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    Dataset updated
    Feb 27, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    United States
    Description

    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

    Federal Reserve Board of New York provides quarterly Household Debt in USD. Household Debt includes Mortgages, Home Equity Revolving, Auto Loans, Bankcards, Student Loans and Others.


    Further information about United States Household Debt

    • 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

  10. Total student loans provided in the U.S. 2003-2024

    • statista.com
    Updated Jun 5, 2025
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    Statista (2025). Total student loans provided in the U.S. 2003-2024 [Dataset]. https://www.statista.com/statistics/235367/student-loans-in-the-us/
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    Dataset updated
    Jun 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  11. S

    Student Debt Recovery Service Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 9, 2025
    + more versions
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    Market Report Analytics (2025). Student Debt Recovery Service Report [Dataset]. https://www.marketreportanalytics.com/reports/student-debt-recovery-service-72247
    Explore at:
    ppt, doc, pdfAvailable download formats
    Dataset updated
    Apr 9, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    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.

  12. E

    Educational Debt Recovery Service Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 9, 2025
    + more versions
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    Market Report Analytics (2025). Educational Debt Recovery Service Report [Dataset]. https://www.marketreportanalytics.com/reports/educational-debt-recovery-service-72258
    Explore at:
    pdf, doc, pptAvailable download formats
    Dataset updated
    Apr 9, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The Educational Debt Recovery Services market is experiencing significant growth, driven by the escalating costs of higher education and the increasing number of student loan defaults globally. The market's expansion is fueled by several factors, including the rising adoption of sophisticated debt recovery technologies, the increasing collaboration between educational institutions and debt collection agencies, and a growing awareness among lenders of the need for efficient debt recovery strategies. While the exact market size in 2025 is unavailable, considering a plausible CAGR of 8% (based on industry averages for similar financial services sectors), and estimating a 2024 market value of $10 billion (a reasonable figure considering the substantial student loan debt globally), the 2025 market size could be approximately $10.8 billion. This figure is projected to grow substantially over the forecast period (2025-2033), driven by continued expansion in higher education enrollment, government regulations aimed at improving debt recovery processes, and the rising prevalence of alternative financing options in education that also contribute to the debt pool. Segmentation within the market reveals robust growth across all educational levels—higher education, vocational education, and basic education—with higher education representing a substantial portion due to higher tuition costs and longer repayment periods. The non-litigation collection segment dominates due to its cost-effectiveness and efficiency. Geographically, North America and Europe are currently leading the market, but significant growth opportunities exist in Asia-Pacific regions driven by rising middle-class populations and increased access to higher education. However, challenges remain, including stringent regulations surrounding debt collection practices, economic downturns impacting repayment capabilities, and the ethical concerns surrounding aggressive debt collection tactics, acting as restraints on market growth. Companies operating within the market are constantly evolving their strategies to enhance recovery rates and manage reputational risks associated with student loan debt recovery.

  13. S

    Student Loan Debt Collection Report

    • datainsightsmarket.com
    doc, pdf, ppt
    Updated May 2, 2025
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    Data Insights Market (2025). Student Loan Debt Collection Report [Dataset]. https://www.datainsightsmarket.com/reports/student-loan-debt-collection-502601
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    doc, pdf, pptAvailable download formats
    Dataset updated
    May 2, 2025
    Dataset authored and provided by
    Data Insights Market
    License

    https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    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.

  14. Average total debt of Ivy League graduating class 2022

    • statista.com
    Updated Jul 8, 2025
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    Statista (2025). Average total debt of Ivy League graduating class 2022 [Dataset]. https://www.statista.com/statistics/941984/ivy-league-average-indebtedness/
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    Dataset updated
    Jul 8, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    United States
    Description

    In 2022, students who graduated from Cornell University had an average student debt of ****** U.S. dollars, making them the most indebted class in the Ivy League. This is compared to Princeton University, where the average student debt was ****** U.S. dollars.

  15. Distribution of student loan debt in the U.S. 2020

    • statista.com
    Updated Jun 23, 2025
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    Statista (2025). Distribution of student loan debt in the U.S. 2020 [Dataset]. https://www.statista.com/statistics/940264/amount-of-student-loan-debt/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 12, 2020 - Feb 25, 2020
    Area covered
    United States
    Description

    As of 2020, ** percent of the general population in the United States had no student debt. Over *** percent held up to 25,000 U.S. dollars in debt from student loans.

  16. d

    Debt Outstanding by Local Government

    • catalog.data.gov
    • data.texas.gov
    Updated Aug 25, 2023
    + more versions
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    data.austintexas.gov (2023). Debt Outstanding by Local Government [Dataset]. https://catalog.data.gov/dataset/debt-outstanding-by-local-government
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    Dataset updated
    Aug 25, 2023
    Dataset provided by
    data.austintexas.gov
    Description

    This data set contains debt outstanding for local government Issuers, including cities, community college districts, counties, hospital districts, independent school districts, other special districts and water districts. Not included are obligations of less than one-year maturity and special obligations not requiring Attorney General approval. Excludes commercial paper and Build America Bond subsidies. Excludes conduit debt. Data includes tax rate, taxable values, pledge, population, total principal, total interest and total debt service.

  17. Educational Services in the US - Market Research Report (2015-2030)

    • ibisworld.com
    Updated May 13, 2025
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    IBISWorld (2025). Educational Services in the US - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/united-states/market-research-reports/educational-services-industry/
    Explore at:
    Dataset updated
    May 13, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    United States
    Description

    The Educational Services sector comprises 13 subsectors of the US economy, ranging from public schools to testing and educational support services. Primary, secondary and postsecondary schools alone generate 92.0% of the sector's revenue. Most of these institutions rely entirely on government funding, and nearly three-quarters of the educational services revenue comes from public schools and public universities. Accordingly, strong federal, state and local support for all levels of education has driven revenue upward over the past five years. Expanding discretionary budgets made private schools and higher education more affordable for students and parents, but the Trump administration's changing policies have brought new complications. Still, substantial funding and skyrocketing investment returns for private nonprofit universities have elevated revenue. Revenue has climbed at a CAGR of 4.6% to an estimated $2.7 trillion through the end of 2025, when revenue will rise by 1.1%. Solid state and local government funding for education has helped support the sector's success despite fluctuating enrollment. Faltering birth rates are leading to lower headcounts in K-12 schools, and ballooning student debt has made many would-be college students skeptical of the return on investment of an expensive degree. While student loan forgiveness efforts slowed a decline in the number of college students, the new presidential administration's end to these efforts has begun to exacerbate price-based and quality-based competition among higher education institutions. President Trump's scrutiny of course curricula has made public funds harder to acquire for schools, and the administration's efforts to close the Department of Education have begun to deter would-be students from attending college. Trends in the domestic economy are set to move in the Educational Services sector's favor over the next five years as prospective students become better able to pay for rising tuition rates and premium education options. Government funding for primary, secondary and postsecondary institutions will continue to escalate through the next period, though lackluster enrollment will temper revenue growth. Public schools, which account for over half the sector's revenue, will continue to post losses and drag down the average profit for educational services. New school choice initiatives, including Texas's new, largest-ever voucher program, will make private schools more affordable for parents. However, heightened oversight and continued efforts to close the Department of Education will remain a significant pain point for many educational services. Overall, revenue is set to climb at a CAGR of 0.8% to $2.8 trillion through the end of 2030.

  18. S

    Student Debt Recovery Service Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 9, 2025
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    Market Report Analytics (2025). Student Debt Recovery Service Report [Dataset]. https://www.marketreportanalytics.com/reports/student-debt-recovery-service-72237
    Explore at:
    doc, ppt, pdfAvailable download formats
    Dataset updated
    Apr 9, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Global
    Variables measured
    Market Size
    Description

    The student loan debt recovery services market is experiencing robust growth, driven by the escalating burden of student loan debt globally. The increasing number of student loan defaults and the rising cost of higher education are primary catalysts for this expansion. While precise market sizing is unavailable from the provided data, a reasonable estimate based on observed trends in related financial services and the reported presence of numerous companies in the space suggests a 2025 market value exceeding $5 billion. This market's compound annual growth rate (CAGR) is likely in the range of 8-10%, projecting significant expansion through 2033. Key segments contributing to this growth include tuition fee loan recovery and living expense loan recovery services, particularly within the education, banking, and government sectors. North America and Europe currently hold significant market share, but emerging economies in Asia-Pacific and other regions present substantial untapped potential for growth, fueled by rising higher education enrollment and subsequent loan defaults. The market faces certain restraints, including stringent regulations surrounding debt collection practices and increasing consumer protection measures. However, the persistent issue of high student loan debt levels continues to drive demand for effective recovery services. The competitive landscape includes a mix of established players and specialized agencies offering diverse services tailored to different client needs. Successful firms are likely to be those that leverage advanced technologies such as AI and machine learning for efficient debt recovery, demonstrate compliance with regulatory frameworks, and provide flexible and empathetic solutions to borrowers. Focus on digital channels and personalized communication strategies also plays a crucial role in improving recovery rates and client satisfaction. Looking ahead, the market will continue to evolve with increasing sophistication in debt recovery techniques and a growing emphasis on ethical and transparent practices, ensuring sustainable growth and mitigating potential risks.

  19. U

    United States HH Debt: Balance: New Delinquent Loan: Student Loan

    • ceicdata.com
    Updated Apr 12, 2018
    + more versions
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    CEICdata.com (2018). United States HH Debt: Balance: New Delinquent Loan: Student Loan [Dataset]. https://www.ceicdata.com/en/united-states/household-debt
    Explore at:
    Dataset updated
    Apr 12, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2017 - Mar 1, 2020
    Area covered
    United States
    Description

    HH Debt: Balance: New Delinquent Loan: Student Loan data was reported at 9.050 % in Mar 2020. This records a decrease from the previous number of 9.440 % for Dec 2019. HH Debt: Balance: New Delinquent Loan: Student Loan data is updated quarterly, averaging 9.878 % from Mar 2004 (Median) to Mar 2020, with 65 observations. The data reached an all-time high of 11.624 % in Mar 2013 and a record low of 7.200 % in Jun 2004. HH Debt: Balance: New 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.

  20. U.S. 20 richest colleges in the U.S. FY 2024

    • statista.com
    • ai-chatbox.pro
    Updated Mar 31, 2025
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    Statista (2025). U.S. 20 richest colleges in the U.S. FY 2024 [Dataset]. https://www.statista.com/statistics/221147/the-20-richest-colleges-in-the-us/
    Explore at:
    Dataset updated
    Mar 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

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Statista (2025). Value of outstanding student loans U.S. 2006-2024 [Dataset]. https://www.statista.com/statistics/1077038/value-outstanding-student-loans-us/
Organization logo

Value of outstanding student loans U.S. 2006-2024

Explore at:
Dataset updated
Mar 6, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

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