Amount of student loan debt outstanding, by type U.S. 2020

Stafford combined loans accounted for 796.7 billion U.S. dollars of outstanding student loan debt in the United States in 2020. Stafford loans are a type of federal student loans offered to eligible university students at a lower interest rate than private loans. In the fourth quarter of 2019, outstanding student loan debt in the United States totaled 1.64 trillion U.S. dollars.

Amount of outstanding student loan debt in the United States in 2020, by student loan type

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Source

Release date

February 2020

Region

United States

Survey time period

2020

Supplementary notes

Stafford loans are federal student loans offered to eligible students at a lower interest rate than can be found with private loans. Stafford loans can be either subsidized or unsubsidized.
PLUS loans are federal student loans offered to parents of students or to graduate and professional students. The original acronym (which is now obsolete) stood for Parent Loan for Undergraduate Students.
Perkins loans are federal, need-based student loans that carry a fixed interest rate of five percent for the duration of the 10-year repayment period.

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Statistics on "Funding university in the United States"

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