A lot more than two-thirds of BachelorвЂ™s level recipients within the course of 2019 finished with the average of $29,900 in education loan financial obligation. Collectively, 45 million education loan borrowers owe $1.6 trillion in federal and personal education loan financial obligation.
These, along with other education loan statistics introduced in this specific article, were first manufactured by Mark Kantrowitz, the nationвЂ™s leading expert on education loan financial obligation.
The education loan statistics offered in this specific article are derived from probably the most current information. This informative article will be updated whenever new information becomes available.