Student Loan Debt by the Numbers

by Michael Ambrose and Evan Cooper 

  • More than 60 percent of all college students in the United States use student loans
  • By the end of the fourth quarter of 2013, outstanding student loans reached $1.2 trillion
  • There are approximately 37 million Americans with outstanding student loans
  • Of those 37 million, 14 percent have at least one loan payment past due
  • 41% of student loan borrowers are delinquent at some point in the first five years after entering repayment
  • Statistics via American Student Assistance and the Federal Reserve System


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