View source for Student loan debt

'''Student loan debt''' totaled $1.727 trillion as of 2023.

Included in this amount is:<ref>https://educationdata.org/student-loan-debt-statistics</ref>
*an outstanding federal loan balance of $1.602 trillion among 43.2 million borrowers
*an average federal student loan debt balance of $37,088
*a total average balance, which includes private loan debt, of as much as $39,981
*a low default rate in the small fraction of private loan debt (less than 2% of private student loans)
*an average borrowing of $32,637 by students to attain a bachelor’s degree at public universities