"Nationally, about two in three (65%) college seniors who graduated from public and private nonprofit colleges in 2018 had student loan debt. These borrowers owed an average of $29,200, 2 percent higher than the 2017 average (TICAS)."


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Average Student Loan Debt Statistics:

       $1.61 trillion: the total amount of outstanding student loan debt 

       $44.5 million: the total number of student loan borrowers 

       $28,565: the average student loan debt per borrower from the Class of 2018 

       $16,649: the average student loan debt per graduate from the Class of 2018 

       57%: the percentage of graduates from the Class of 2018 with student debt 

       10.9%: the percentage of student debt that is 90+ days delinquent or in default 

       $393: the average monthly student loan payment for borrowers with loans not in delinquency or default