Leading alternative uses for money paid down on student loan debt U.S. 2019

Published by
Veera Korhonen,
Aug 12, 2024
According to a survey of U.S. adults in 2019, 20 percent of respondents with student loan debt said that if they did not have student loan debt, they would save the money they currently pay on their student loans. 26 percent of respondents said that they would use the money to pay down other debts.

If you didn't have student loan debt, how would you spend the money you currently put toward student loan payments?

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Sources

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Release date

October 2019

Region

United States

Survey time period

September 24 to 26, 2019

Number of respondents

397 respondents

Age group

18 years and older

Method of interview

Online interview

Supplementary notes

Total sample size was 2,200 respondents.

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Statistics on " Student loan debt in the United States "

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Topics

Student loan debt in the United StatesColleges and universities in the United StatesThe cost of college in the United StatesSaving for college in the U.S.Community colleges in the United States
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