Student Loan Debt Statistics In 2019: A $1.5 Trillion Crisis

Over 34 million student loan borrowers hold approximately $1.1 billion in Direct Loans. Another 13.5 million student loan borrowers hold $282 billion in Federal Family Education Loans .$7.6 billion Stafford Unsubsidized:$88.9 billion Student Loan Debt Statistics By Loan Status For Direct Loans

As of 4Q 2018, there are 10.8 million borrowers with $196.2 billion of student loan debt in the Level Student Loan Repayment Plan , which represents the largest concentration of borrowers in student loan repayment. For Direct Loan and FFEL Loans owned by the U.S. Education Department, here is the breakdown by these select student loan servicers:In addition, there are several other startling statistics regarding the state of student loan debt:

Almost half of private loan borrowers borrowed less than they could have in federal Stafford loans for college.

News outlets and others talk about the crushing student debt for young people, but you know what? I'm 60 and I'm still paying around $200 a month and have been for decades and that's a lot of money I can't spend on anything else. This debt harms all of us.

China and Japan the two biggest buyers of America Debt are probably not going to pony up the 93 Trillion Dollar Socialists Democratic Party New Green Deal..they are already in for the 22 Trillion Dollar debt of America...just printing money? Reality check?

patriotact

Not everyone needs to go to college. And not every degree has a lucrative career path. And not all majors guarantee a job. Going to college is placing a bet on yourself because you believe in yourself. If you are afraid to make the bet don't come up to the table

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