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STUDENT LOAN DEBT

billions of dollars, year-end · 2006–2024 · lower is better · FRED SLOAS
$1,777B
2024 (latest)
$521B
2006
$1,777B
high · 2024
$521B
low · 2006
+241%
since 2006
$469B$939B$1,408B$1,878B2006200820102012201420162018202020222024 Global financial crisis (2008)’08COVID-19 pandemic (2020)’20
┊ dashed lines mark 2008 Global financial crisis · 2020 COVID-19 pandemic
Method & caveats. Fed G.19 student loans owned and securitized, nominal. The series was discontinued after 2024 Q4, so it ends there. FRED serves millions; converted to billions.
Sources

Every value on this page is read from the publisher below. Current and historical source documents:

Data
YearStudent Loan DebtChange
2024$1,777B+3%
2023$1,729B−2%
2022$1,764B+2%
2021$1,733B+2%
2020$1,694B+3%
2019$1,638B+5%
2018$1,567B+5%
2017$1,489B+6%
2016$1,405B+6%
2015$1,320B+7%
2014$1,236B+8%
2013$1,146B+9%
2012$1,055B+10%
2011$960B+12%
2010$856B+11%
2009$772B+14%
2008$676B+15%
2007$590B+13%
2006$521B
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