Student Loan Debt – Portfolio Profile

Student Loan Debt Portfolio Profile*

HIGHLIGHTS:

  • Total indebtedness $1.6 Trillion
  • Total number of borrowers, about 45 million
  • Percent of U.S. population with indebtedness
  • 14 percent
  • More than half have balances of less than $25,000
  • Approximately 80 percent have balances less than $50,000
  • 91 percent less than $75,000
  • 8 percent exceeding $100,000
  • About 1.0 percent are 60 years old and over

*Additional profile details available at;

https://www.bloomberg.com/news/articles/2019-05-01/deutsche-bank-report-says-student-loan-debt-is-a-micro-problem