The Fed Reveals a Direct Link Between Student Loan Debt and a Decline in Homeownership
Student debt is responsible for nearly 20% of the decline in homeownership among young... Read More
Our guides equip you with everything you need. Whether you’re a student taking out your first loan or someone dealing with monthly loan payments, we'll help you make smarter financial choices.
More and more people continue to take out loans to pay for their education and many end up struggling to pay their monthly bills. In FY 2015, the student loan default rate reached 10.8 percent. That's why we're working to provide consumers with free, high-quality resources.
Learn MoreTotal outstanding student loan debt
$1,500,000,000,000
Average debt per borrower
$32,731
Average monthly payment
$351
Student debt is responsible for nearly 20% of the decline in homeownership among young... Read More
The average cost of college is $20,770 for public schools (in-state) and $46,950 for nonprofit private schools. We compared average college... Read More
Undergraduate students can expect to pay 5.05% on federal loans and between 3.50% and 12% on private student loans. Find out the current... Read More
Our team of analysts at ValuePenguin decided to dive into the data behind how much people across the country owed on their student loans.... Read More