The value of outstanding student loans in the United States has ballooned since the first quarter of 2006. As of the first quarter of 2021, American students owed around 1.76 trillion U.S. dollars in student loans. In the first quarter of 2006, this figure stood at 480.9 billion U.S. dollars.
Value of outstanding student loans in the United States from Q1 2006 to Q1 2022 (in billion U.S. dollars)
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Federal Reserve. (May 6, 2022). Value of outstanding student loans in the United States from Q1 2006 to Q1 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 20, 2022, from https://www.statista.com/statistics/1077038/value-outstanding-student-loans-us/
Federal Reserve. "Value of outstanding student loans in the United States from Q1 2006 to Q1 2022 (in billion U.S. dollars)." Chart. May 6, 2022. Statista. Accessed May 20, 2022. https://www.statista.com/statistics/1077038/value-outstanding-student-loans-us/
Federal Reserve. (2022). Value of outstanding student loans in the United States from Q1 2006 to Q1 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 20, 2022. https://www.statista.com/statistics/1077038/value-outstanding-student-loans-us/
Federal Reserve. "Value of Outstanding Student Loans in The United States from Q1 2006 to Q1 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 May 2022, https://www.statista.com/statistics/1077038/value-outstanding-student-loans-us/
Federal Reserve, Value of outstanding student loans in the United States from Q1 2006 to Q1 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1077038/value-outstanding-student-loans-us/ (last visited May 20, 2022)