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Velez, Erin Dunlop; Woo, Jennie H. – National Center for Education Statistics, 2017
As of May 2013, total outstanding student loan debt in the United States had reached $1.2 trillion, up from $1 trillion fewer than 18 months before. The growth in debt is due primarily to increases in both the rate of borrowing and the average amount borrowed, especially among graduates of 4-year institutions. In 1989-90, about half (51 percent)…
Descriptors: Undergraduate Students, Bachelors Degrees, Debt (Financial), Student Financial Aid
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Woo, Jennie H.; Velez, Erin Dunlop – National Center for Education Statistics, 2016
Statistics in Brief publications present descriptive data in tabular formats to provide useful information to a broad audience, including members of the general public. They address simple and topical issues and questions. Using data from 2011-12, this Statistics in Brief updates and expands on a previous National Center for Education Statistics…
Descriptors: Paying for College, Student Loan Programs, Private Financial Support, Statistical Data
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Mezza, Alvaro; Sommer, Kamila – Journal of Student Financial Aid, 2016
The recent significant increase in student loan delinquencies has generated interest in understanding the key factors predicting the non-performance of these loans. However, despite the large size of the student loan market, existing analyses have been limited by lack of data. This paper studies predictors of student loan delinquencies using a…
Descriptors: Student Loan Programs, Debt (Financial), Loan Default, Loan Repayment