value of outstanding student loans has been consistently rising over the past few decades.
In 2022, the generation Z in the United States had an average of roughly 20,470 U.S. dollars in student loan debt. By contrast, Generation X had the highest student loan debt, amounting to approximately 45,800 U.S. dollars. The Average value of student loan debt held in the United States in 2022, by generation (in 1,000 U.S. dollars)
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Other statistics that may interest you Student loan debt in the United States
Overview
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- Premium Statistic Value of outstanding student loans U.S. 2006-2023
- Premium Statistic Value of student loan debt outstanding, by repayment status U.S. 2023
- Premium Statistic Number of student loan borrowers by balance U.S. 2023
- Basic Statistic Total student loans provided in the U.S. 2001-2023
- Basic Statistic Share of student loans provided in the U.S. 2001-2023, by source
- Premium Statistic Amount of student loan debt outstanding, by type U.S. 2023
- Basic Statistic Amount of student loans offered, by federal loan program U.S. 2017-2023
- Premium Statistic Student borrowing - percentage borrowing of federal loans U.S. 2010-2023
Debt demographics
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- Premium Statistic Average student loan debt in the U.S. 2022, by generation
- Premium Statistic Total outstanding federal student loan debt U.S. 2023, by age group
- Premium Statistic Average student loan debt per borrower U.S. 2023, by age group
- Premium Statistic Share of Americans with student loan debt U.S. 2023, by state
- Basic Statistic Average student debt U.S. 2020, by state
- Premium Statistic Share of Americans who currently have student debt U.S. 2022, by race and gender
- Premium Statistic Share of Americans with at least 25,000 U.S. dollars in student debt 2022, by race
- Basic Statistic Average U.S. students' undergraduate student loan debt by race 2020
Higher education institutions
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- Premium Statistic Federal student loan limits for undergraduates U.S. 2023, by year and dependency
- Basic Statistic Percentage of U.S. students with student loans 2020/21, by institution type
- Basic Statistic Share of students receiving student aid in the U.S. 2020-2021, by type of aid
- Basic Statistic Tuition cost and student loan amounts U.S. 2021/22, by institution type
- Premium Statistic Tuition costs and student loans at U.S. 2-year institutions by institution type 2022
- Basic Statistic U.S. student loan borrowers' debt levels in public four-year colleges 2006-2022
- Basic Statistic U.S. student loan borrowers' debt levels, private four-year colleges 2006-2022
- Basic Statistic Average student debt for a 4-year bachelor's degree, by institution type U.S. 2020/21
Default rates and repayment
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- Basic Statistic Student loan cohort default rate in the U.S. 2019, by institution type
- Premium Statistic Total balance of federal student loan debt in forbearance U.S. 2021-2023
- Premium Statistic Students with federal loans for higher education U.S. 2023, by repayment status
- Premium Statistic Student loan default rate U.S. 2022, by race
- Premium Statistic Student loan default rate U.S. 2022, by degree type
- Premium Statistic Student loan default rate U.S. 2022, by family income
- Premium Statistic U.S. borrowers who struggled to make student loan payments 2022
- Premium Statistic U.S. adults' ability to pay off student loan debt 2022, by age
Impacts of loan repayment
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- Premium Statistic Share of adults who could afford to make payments towards student loans U.S. 2022
- Premium Statistic Distribution of use of funds during paused student loan repayment period U.S. 2022
- Premium Statistic Share of adults who think student loans impact financial security U.S. 2022 by income
- Premium Statistic Share of Americans with difficulty paying bills U.S. 2023, by student debt status
- Premium Statistic Share of Americans who were behind on student loan payments U.S. 2022, by education
- Premium Statistic Length of time expected by Gen Z to pay off undergraduate student debt U.S. 2023
- Premium Statistic Share of Gen Z who delayed select financial decisions due to student debt U.S. 2022
- Premium Statistic Share of adults who believe student loan payments impact financial security U.S. 2022
Federal loan forgiveness
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- Premium Statistic Federal student loan forgiveness programs U.S. 2023, by average amount forgiven
- Premium Statistic Share of Americans aged 18-29 with select beliefs on federal student loan policy 2022
- Premium Statistic U.S. support for forgiving federal student loans with various tradeoffs 2022
- Premium Statistic Share of adults who agree selected programs would help them afford college U.S. 2022
- Premium Statistic Average share of student loan forgiven for Americans to reenroll in college 2022
- Premium Statistic U.S. adults' on extent of student loan forgiveness 2022
- Premium Statistic U.S. adults on extent of student loan forgiveness 2022
- Basic Statistic U.S. adults' on extent of student loan forgiveness 2022, by party identification
Opinion
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- Premium Statistic U.S. belief in effectiveness of affirmative action/student loan forgiveness 2023
- Premium Statistic Perception of taking out student loans to afford higher education U.S. 2022
- Premium Statistic U.S. belief that benefits of higher education exceed the cost 2022, by education/age
- Premium Statistic Share of adults who believe taking out student loans is worth it U.S. 2022, by income
- Premium Statistic Share of adults who believe taking out student loans was worth it U.S. 2022, by age
- Premium Statistic U.S. beliefs on whether college is a smart investment or a gamble 2023, by generation
- Premium Statistic Gen Z teens on whether college is a smart investment U.S. 2023, by demographic
- Premium Statistic Share of adults who believe their student loan debt was not worth it U.S. 2022
Further related statistics
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- Public opinion on best solution to student loan debt crisis U.S. 2019
- Loans and debts owned by college students in the U.S. 2015
- Eligible students taking maintenance loans for English universities 2006-2015
- U.S. student loan borrowers by loan amount outstanding 2015
- Number of graduates with a student debt in the Netherlands 2009-2017
- Share of U.S. Millennials paying off student loan debt, by college major 2018
- Number of student loan borrowers by balance U.S. 2023
- Aggregate debt of U.S. student loan borrowers by age group 2015
- Share U.S. Millennials who think college education is worth the cost, by major 2018
- Amount of student loan debt outstanding, by type U.S. 2023
- Number of U.S. student loan borrowers by age group 2015
- Value of student loan debt outstanding, by repayment status U.S. 2023
- Share of U.S. Millennials with student loan debt 2018
- Attitudes toward college in the U.S. 2018
- Post-internship full-time job offer rates, by sector in the U.S. 2011
- Value of outstanding securities backed by student loans in the U.S. 2000-2021
- Living arrangements of Millennials with student debt in the U.S. 2017, by generation
Further Content: You might find this interesting as well
Statistics
- Public opinion on best solution to student loan debt crisis U.S. 2019
- Loans and debts owned by college students in the U.S. 2015
- Eligible students taking maintenance loans for English universities 2006-2015
- U.S. student loan borrowers by loan amount outstanding 2015
- Number of graduates with a student debt in the Netherlands 2009-2017
- Share of U.S. Millennials paying off student loan debt, by college major 2018
- Number of student loan borrowers by balance U.S. 2023
- Aggregate debt of U.S. student loan borrowers by age group 2015
- Share U.S. Millennials who think college education is worth the cost, by major 2018
- Amount of student loan debt outstanding, by type U.S. 2023
- Number of U.S. student loan borrowers by age group 2015
- Value of student loan debt outstanding, by repayment status U.S. 2023
- Share of U.S. Millennials with student loan debt 2018
- Attitudes toward college in the U.S. 2018
- Post-internship full-time job offer rates, by sector in the U.S. 2011
- Value of outstanding securities backed by student loans in the U.S. 2000-2021
- Living arrangements of Millennials with student debt in the U.S. 2017, by generation
Experian. (March 1, 2023). Average value of student loan debt held in the United States in 2022, by generation (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved March 19, 2024, from https://www.statista.com/statistics/1176727/share-student-loan-debt-generation-usa/
Experian. "Average value of student loan debt held in the United States in 2022, by generation (in 1,000 U.S. dollars)." Chart. March 1, 2023. Statista. Accessed March 19, 2024. https://www.statista.com/statistics/1176727/share-student-loan-debt-generation-usa/
Experian. (2023). Average value of student loan debt held in the United States in 2022, by generation (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: March 19, 2024. https://www.statista.com/statistics/1176727/share-student-loan-debt-generation-usa/
Experian. "Average Value of Student Loan Debt Held in The United States in 2022, by Generation (in 1,000 U.S. Dollars)." Statista, Statista Inc., 1 Mar 2023, https://www.statista.com/statistics/1176727/share-student-loan-debt-generation-usa/
Experian, Average value of student loan debt held in the United States in 2022, by generation (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/1176727/share-student-loan-debt-generation-usa/ (last visited March 19, 2024)
Average value of student loan debt held in the United States in 2022, by generation (in 1,000 U.S. dollars) [Graph], Experian, March 1, 2023. [Online]. Available: https://www.statista.com/statistics/1176727/share-student-loan-debt-generation-usa/