Cows Look Like Maps@sh.itjust.works to News@lemmy.world · 2 days agoTrump administration to garnish wages of 5.3 million defaulted student loan borrowers this summerwww.cnbc.comexternal-linkmessage-square132fedilinkarrow-up1550arrow-down16
arrow-up1544arrow-down1external-linkTrump administration to garnish wages of 5.3 million defaulted student loan borrowers this summerwww.cnbc.comCows Look Like Maps@sh.itjust.works to News@lemmy.world · 2 days agomessage-square132fedilink
minus-squareSocialMediaRefugee@lemmy.worldlinkfedilinkarrow-up7·edit-22 days agoAverage Student Loan Debt by Age: Those aged between 50 to 61 have the highest average federal student loan debt at $45,159. 6.10% of federal student loan debt belongs to adults under the age of 25. Adults aged 25 to 34 years old hold 30.1% of the federal student loan debt; 39.1% belongs to 35- to 49-year-olds. 24.6% of federal student loan debt is from borrowers aged 50 years and older. 61- to 65-year-olds who started college at a traditional age of 18 had the highest starting student loan interest rates. https://educationdata.org/average-student-loan-debt
Average Student Loan Debt by Age:
Those aged between 50 to 61 have the highest average federal student loan debt at $45,159.
6.10% of federal student loan debt belongs to adults under the age of 25.
Adults aged 25 to 34 years old hold 30.1% of the federal student loan debt; 39.1% belongs to 35- to 49-year-olds.
24.6% of federal student loan debt is from borrowers aged 50 years and older.
61- to 65-year-olds who started college at a traditional age of 18 had the highest starting student loan interest rates.
https://educationdata.org/average-student-loan-debt