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    • 14 percent

      • Over 14 percent of consumers with an income of 20,000 U.S. dollars or less in the United States had some kind of student loan debt as of December 2021. That was the income group with the lowest share of people with debt related to their studies.
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  1. 2 days ago · Average student loan debt ranged from $28,921 in North Dakota up to $53,782 in Washington, D.C. for 2024, according to the latest data from Education Data Initiative. Here’s the average...

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  3. Apr 18, 2024 · Average Student Loan Debt in the United States. $1.75 trillion in total student loan debt (including federal and private loans) $28,950 owed per borrower on average. About 92% of all...

    • Alicia Hahn
  4. In 2022, 38 percent of Americans agreed that student loan debt should be cancelled for everyone while 27 percent believed that the government should help with repayment options instead.

  5. Mar 24, 2024 · Student Loan Debt by Income Bracket. Student loans are not only skewed by age but also by income. In fact, student loans are biased – quite a bit – to upper incomes. Here is the chart for the average student loan debt by household for the entire universe of households ranked by income percentile:

  6. Oct 9, 2020 · Recently released data from the Federal Reserve’s Survey of Consumer Finances confirm that upper-income households account for a disproportionate share of student loan debt—and an even...

  7. The median amount of education debt in 2021 among those with any outstanding debt for their own education was between $20,000 and $24,999. One-quarter of student loan borrowers had less than $10,000 in outstanding student debt (figure 40). Student debt balances vary across different demographic groups.

  8. Outstanding student loan debt fell by $10 billion to reach $1.59 trillion, according to the latest Quarterly Report on Household Debt and Credit. Missed federal student loan payments will not be reported to credit bureaus until the fourth quarter of 2024. Because of these policies, less than 1 percent of aggregate student debt was reported 90 ...

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