How much does the average student have in student loan debt?

Student Loan Debt in the United States

Answer: $37,000

“The average student loan debt is $37,000 in the United States.” [YaleGlobal Online]

“Over 44 million Americans collectively hold nearly $1.5 trillion in student debt. That means that roughly one in four American adults are paying off student loans.” [Abigail Hess / CNBC]

“In the United States, for example, some 7 million borrowers, or 14 percent, are in default, having gone at least a year without a payment on their federal student loans.” [YaleGlobal Online]

“Economies will struggle under the growing mound of student debt as young adults delay marriage, home purchases, and childbirth and have less money to spend on housing, food, clothes or entertainment.” [YaleGlobal Online]

“Rising rents and increasing student loan debt have pushed the retirement age to 75 for college graduates.” [Arielle O’Shea / NerdWallet]

“By 2020, 65 percent of all jobs in the economy will require postsecondary education and training beyond high school.” –  [Georgetown Center on Education and the Workforce]