U.S. Student Debt
in Real Time
Total U.S. student debt hit $1.67 trillion at the start of 2020 and is tracking to reach $1.75 trillion by the end of the year. As the student debt amounts rise, so do the pressures on borrowers. Student loan options such as deferment, income-driven repayment plans or student loan refinancing can help borrowers manage their debt. But the numbers show America's student debt isn't going away anytime soon.
Here's a look at how much student loans we're borrowing over 00:00
Total federal student debt in the U.S.
$2,662
$3,232
$2,959
$273
College costs in real time
Both federal and private student loan balances have increased dramatically in the past decade, and for one major reason: the rising costs of college.
Here's a look at what full-time students and the government are spending on to earn undergraduate degrees, in real time.
$9,128
$4,831
$4,297
Federal student aid in real time
Along with student loans, other forms of student aid can help college students manage their costs and limit student debt. Here's a look at federal student aid disbursed to students in real time.
0.4
$3,882
$814
Show sources
Hide sources
- Current student debt total
- Student loans repaid
- Federal student loans borrowed
- Private student loans borrowed
- Spending on college expenses, tuition, and room and board: Report 1, Report 2
- FAFSA applications, student aid and grants