In the academic year 2022/23, the average student loan debt for a four-year bachelor's degree from a public college in the United States was 29,300 U.S. dollars. In comparison, student loan debt from a private for-profit college averaged almost 34,000 U.S. dollars.
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Average student loan debt for a four-year bachelor's degree in the United States in 2022/23, by institution type
(in U.S. dollars)
Characteristic
Average debt in U.S. dollars
Public institutions
27,100
Private nonprofit institutions
33,800
Average debt for a bachelor's degree
29,300
05,00010,00015,00020,00025,00030,00035,00040,000
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Data for Private (For-Profit) institutions are not available.
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Business Insider. (January 1, 2025). Average student loan debt for a four-year bachelor's degree in the United States in 2022/23, by institution type (in U.S. dollars) [Graph]. In Statista. Retrieved June 25, 2025, from https://www.statista.com/statistics/235222/median-student-debt-in-the-us-by-institution-type/
Business Insider. "Average student loan debt for a four-year bachelor's degree in the United States in 2022/23, by institution type (in U.S. dollars)." Chart. January 1, 2025. Statista. Accessed June 25, 2025. https://www.statista.com/statistics/235222/median-student-debt-in-the-us-by-institution-type/
Business Insider. (2025). Average student loan debt for a four-year bachelor's degree in the United States in 2022/23, by institution type (in U.S. dollars). Statista. Statista Inc.. Accessed: June 25, 2025. https://www.statista.com/statistics/235222/median-student-debt-in-the-us-by-institution-type/
Business Insider. "Average Student Loan Debt for a Four-year Bachelor's Degree in The United States in 2022/23, by Institution Type (in U.S. Dollars)." Statista, Statista Inc., 1 Jan 2025, https://www.statista.com/statistics/235222/median-student-debt-in-the-us-by-institution-type/
Business Insider, Average student loan debt for a four-year bachelor's degree in the United States in 2022/23, by institution type (in U.S. dollars) Statista, https://www.statista.com/statistics/235222/median-student-debt-in-the-us-by-institution-type/ (last visited June 25, 2025)
Average student loan debt for a four-year bachelor's degree in the United States in 2022/23, by institution type (in U.S. dollars) [Graph], Business Insider, January 1, 2025. [Online]. Available: https://www.statista.com/statistics/235222/median-student-debt-in-the-us-by-institution-type/
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