In the academic year 2003/04, a total of 99.9 billion U.S. dollars was offered to students across the United States in the form of loans. By 2023/24, this amount had slightly decreased to 99 billion U.S. dollars. This amount peaked in 2010/11, when 159.2 billion U.S. dollars were provided in student loans.
Total amount provided in student loans in the United States from 2003/04 to 2023/24
(in 2023 billion U.S. dollars)
Nonfederal loans include loans to students from states and from institutions, in addition to private loans issued by banks, credit unions, and Sallie Mae. Estimates of institutional and state loan volume are included only for academic years 1999-2000 through 2012-13.
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College Board. (October 22, 2024). Total amount provided in student loans in the United States from 2003/04 to 2023/24 (in 2023 billion U.S. dollars) [Graph]. In Statista. Retrieved June 07, 2025, from https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board. "Total amount provided in student loans in the United States from 2003/04 to 2023/24 (in 2023 billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed June 07, 2025. https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board. (2024). Total amount provided in student loans in the United States from 2003/04 to 2023/24 (in 2023 billion U.S. dollars). Statista. Statista Inc.. Accessed: June 07, 2025. https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board. "Total Amount Provided in Student Loans in The United States from 2003/04 to 2023/24 (in 2023 Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/235367/student-loans-in-the-us/
College Board, Total amount provided in student loans in the United States from 2003/04 to 2023/24 (in 2023 billion U.S. dollars) Statista, https://www.statista.com/statistics/235367/student-loans-in-the-us/ (last visited June 07, 2025)
Total amount provided in student loans in the United States from 2003/04 to 2023/24 (in 2023 billion U.S. dollars) [Graph], College Board, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/235367/student-loans-in-the-us/
