Adults who understood how much income is spent on student loan repayment U.S. 2019

According to a 2019 survey, about 18 percent of respondents said that they did not comprehend at all the proportion of their income that would be spent on student loan repayment. This is compared to 26 percent of respondents who said that they fully understood how much of their income would go towards paying off their student loans.

Share of adults who fully comprehended how much of their income would be spent on student loan repayment in the United States in 2019

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Source

Release date

May 2019

Region

United States

Survey time period

April 26 to 29, 2019

Number of respondents

354 respondents

Age group

18 years and older

Special properties

respondents who personally took out student loans for college

Method of interview

Online survey

Supplementary notes

Total sample size was 1,225 respondents.

Original question: "Looking back, how well, if at all, do you believe you comprehended each of the following when taking out your student loan(s)? The proportion of your income that would have to be spent on loan repayment."

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Statistics on "Funding university in the United States"

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