Average share of student loan forgiven for Americans to reenroll in college 2022

Published by
Veera Korhonen,
Feb 16, 2024
According to a survey conducted in 2022, all surveyed adults with student loan debt who had stopped out of college in the United States said that they would need at least 70 percent of their loan forgiven to reenroll in college on average. In comparison, White adults and adults who had stopped out of a bachelor's degree program said that they would need at least 74 percent of their loan forgiven to reenroll on average.

What is the minimum percentage of your student loan that you would need forgiven in order for you to reenroll?

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Source

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Release date

May 2023

Region

United States

Survey time period

October 26 to November 17, 2022

Number of respondents

3,004 respondents

Age group

18 to 59 years

Special properties

Among adults who have stopped out of a program

Method of interview

Online survey

Supplementary notes

Average responses among stopped-out adults with student debt.

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Statistics on " Student loan debt in the United States "

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Overview

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Higher education institutions

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Default rates and repayment

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Impacts of loan repayment

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Federal loan forgiveness

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Opinion

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Student loan debt in the United States
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