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The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]
Now there's a "fun" new way to keep tabs on the ever-increasing debt burden on young people who are entering New Clock Lets You Watch Student Loan Debt Grow in Real Time Skip to main content
National student loan debt exceeded $1.6 trillion at the end of the second quarter of 2024, according to the U.S. Department of Education. WalletHub notes that this amounts to roughly $38,000 of ...
In June, 43.6 million Americans held federal student loan debt, with an average balance of $38,000 per borrower. In total, the U.S. has a collective balance of over $1.7 trillion in student loans ...
The National Student Loan Data System (NSLDS) is the U.S. Department of Education ’s (ED) central database for Federal Student Aid. [1] NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other ED programs. NSLDS Student Access provides a centralized, integrated view of Title IV loans and grants so that ...
National Debt Clock. Coordinates: 40.7555°N 73.9848°W. The clock at its former location near Sixth Avenue and 44th Street in February 2017, at which time it read $19.9 trillion in national debt. The National Debt Clock is a billboard-sized running total display that shows the United States gross national debt and each American family's share ...
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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 ...