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  2. Higher education financing issues in the United States

    en.wikipedia.org/wiki/Higher_education_financing...

    Student loans totaled more than $1.3 trillion, averaging $25,000 each for 40 million debtors. The debtors average age was 33. Forty percent of the debt was owed by people 40 or older. In a 2017 report by the National Center for Education Statistics, the researchers found that 27% of all student loans resulted in default within 12 years.

  3. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  4. Americans have $1.7 trillion in student loan debt. How do ...

    www.aol.com/finance/americans-1-7-trillion...

    60% of graduate students take out federal student loans. 47% of U.S. adults say that money issues negatively impact their mental health, according to Bankrate’s Money and Mental Health Survey ...

  5. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3] Student loan debt has proliferated since 2006, totaling $1.73 trillion by July 2021. In 2019, students who borrowed to complete a bachelor's degree had ...

  6. Student loan repayments have resumed. Here’s 4 charts that ...

    www.aol.com/student-loan-repayments-resumed-4...

    During the pause, student loan debt growth slowed: from the second quarter in 2020 to the second quarter of 2023, the burden of mortgage and auto loan debt increased by close to 20%, while student ...

  7. Student loan debt statistics - AOL

    www.aol.com/finance/student-loan-debt-statistics...

    About 64 percent of students seeking a bachelor’s degree from a four-year public institution have student loan debt. 34 percent of borrowers owed $10,000 or less in federal student loans, and 79 ...

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