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.

Repaid toward student debt today


New student loans borrowed today


New federal student loans borrowed today


New private student loans borrowed today


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.

Spent on college expenses today by full-time students


Spent on college tuition and fees today by full-time students


Spent on room and board for college students today by full-time students


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.

Free Applications for Federal Student Aid (FAFSAs) submitted today


Total federal student aid disbursed today


Total federal student grants disbursed today