Average student loan debt per borrower U.S. 2023, by age group

Published by
Veera Korhonen,
Jul 5, 2024
As of Q1 2023, Americans aged 62 years and older had the highest average student loan debt balance among all age groups, averaging 49,375 U.S. dollars of student debt per borrower. In comparison, Americans who were 24 years and younger had an average student debt balance of 13,722.22 U.S. dollars.

Average student loan debt per borrower in the United States as of Q1 2023, by age group (in U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

July 2023

Region

United States

Survey time period

Q1 2023

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Student loan debt in the United States "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Student loan debt in the United States

Overview

8

Debt demographics

8

Higher education institutions

8

Default rates and repayment

8

Impacts of loan repayment

8

Federal loan forgiveness

8

Opinion

8

Further Content: You might find this interesting as well

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
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.