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US Student Loan Debt Statistics

An icon for total student loan debt
Total Student Loan Debt
$1.56T
An icon for total US borrowers
Total U.S. Borrowers
44.7M
An icon for average student loan debt
Average Student Loan Debt
$32,731
An icon for default rate
Default Rate
10.8%
(90+ days delinquent)
An icon for direct loans
Direct Loans
$119.8B
(5.5 million borrowers)
(Source: As of 3Q 2019, Federal Reserve & New York Federal Reserve)
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