In the academic year 2020-21, the average borrowing for college among students in the form of federal student loans amounted to 5,887 U.S. dollars. This is a decrease from the previous year, when student borrowing amounted to 8,295 U.S. dollars on average.
College student use of federal loans, year-over-year, in the United States between 2011 and 2021, by average amount borrowed
(in U.S. dollars)
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Sallie Mae. (July 20, 2021). College student use of federal loans, year-over-year, in the United States between 2011 and 2021, by average amount borrowed (in U.S. dollars) [Graph]. In Statista. Retrieved January 18, 2022, from https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae. "College student use of federal loans, year-over-year, in the United States between 2011 and 2021, by average amount borrowed (in U.S. dollars)." Chart. July 20, 2021. Statista. Accessed January 18, 2022. https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae. (2021). College student use of federal loans, year-over-year, in the United States between 2011 and 2021, by average amount borrowed (in U.S. dollars). Statista. Statista Inc.. Accessed: January 18, 2022. https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae. "College Student Use of Federal Loans, Year-over-year, in The United States between 2011 and 2021, by Average Amount Borrowed (in U.S. Dollars)." Statista, Statista Inc., 20 Jul 2021, https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/
Sallie Mae, College student use of federal loans, year-over-year, in the United States between 2011 and 2021, by average amount borrowed (in U.S. dollars) Statista, https://www.statista.com/statistics/259203/student-use-of-federal-student-loans-for-college-in-the-united-states-year-on-year/ (last visited January 18, 2022)
