News

Distribution of Student-Loan Borrowers, by Balance, 2014-15

Almanac 2017

August 13, 2017

Of the more than 44 million people who owed money on student loans at the end of 2015, nearly two-thirds had balances of $25,000 or less. Just under 5 percent had balances of $100,000 or more. The number of people with balances exceeding $10,000 grew from 2014 to 2015, while the number with balances under $10,000 fell slightly.

Return to the Almanac home page, or go to the Profession, Students, Finance, or States section. To purchase a copy of the Almanac in print or as a downloadable interactive PDF, visit the Chronicle Store.

We're sorry. Something went wrong.

We are unable to fully display the content of this page.

The most likely cause of this is a content blocker on your computer or network.

Please allow access to our site, and then refresh this page. You may then be asked to log in, create an account if you don't already have one, or subscribe.

If you continue to experience issues, please contact us at 202-466-1032 or help@chronicle.com

Balance owed in 4th quarter	2014	2015	One-year change
$1-$5,000	9,028,800	8,960,200	-0.8%
$5,001-$10,000	7,785,500	7,740,700	-0.6%
$10,001-$25,000	12,348,000	12,434,400	0.7%
$25,001-$50,000	7,997,000	8,319,600	4.0%
$50,001-$75,000	3,126,800	3,341,100	6.9%
$75,001-$100,000	1,238,100	1,350,800	9.1%
$100,001-$150,000	1,026,100	1,116,500	8.8%
$150,001-$200,000	444,200	500,400	12.7%
$200,000+	348,600	415,400	19.2%
Total borrowers	43,343,100	44,179,100	1.9%

Note: Balances owed are in current dollars. The number of borrowers is from the fourth quarter of each year. More data are available at www.newyorkfed.org/microeconomics/databank.html.

Source: Chronicle analysis of data from the Federal Reserve Bank of New York Consumer Credit Panel/Equifax