: $1.833 trillion total ($1.693 trillion federal, $167 billion private).
: The average federal student loan balance is $39,547 , though some estimates including private loans suggest it may be as high as $43,333 . Borrower Profile : 33.5% of federal borrowers are aged 25 to 34.
: Black borrowers owe an average of $13,000 more than white borrowers 12 months after completing a bachelor's degree. Twenty years after starting college, the median Black borrower still owes 95% of their original loan, compared to 6% for white borrowers. Repayment & Forgiveness Options
Graduate school borrowing accounts for nearly of student loans issued each year. Economic & Sociological Impact
