In the academic year of 2022/23, students who took out student loans had an average of 27,100 U.S. dollars worth of debt upon completion of their degree.
Average amount of debt per borrower at public four-year colleges and universities in the United States from 2007/08 to 2022/23
(in 2023 U.S. dollars)
Year
Amount of debt in 2023 U.S. dollars
2022/23
27,100
2017/18
33,000
2012/13
32,700
2007/08
27,700
Created with Highcharts 7.2.2YearAmount of debt in 2023 U.S. dollars27,70027,70032,70032,70033,00033,00027,10027,1002007/082012/132017/182022/23
27,00028,00029,00030,00031,00032,00033,00034,000
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Per borrower, shows the average amount of debt amongst bachelor's degree recipients who had taken student loans. The average per all bachelor degree recipients includes those who graduated without any student debts.
Data for previous year has been derived from the respective publication.
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College Board. (October 22, 2024). Average amount of debt per borrower at public four-year colleges and universities in the United States from 2007/08 to 2022/23 (in 2023 U.S. dollars) [Graph]. In Statista. Retrieved May 07, 2025, from https://www.statista.com/statistics/235386/us-bachelors-degree-holders-debt-levels-in-public-four-year-colleges/
College Board. "Average amount of debt per borrower at public four-year colleges and universities in the United States from 2007/08 to 2022/23 (in 2023 U.S. dollars)." Chart. October 22, 2024. Statista. Accessed May 07, 2025. https://www.statista.com/statistics/235386/us-bachelors-degree-holders-debt-levels-in-public-four-year-colleges/
College Board. (2024). Average amount of debt per borrower at public four-year colleges and universities in the United States from 2007/08 to 2022/23 (in 2023 U.S. dollars). Statista. Statista Inc.. Accessed: May 07, 2025. https://www.statista.com/statistics/235386/us-bachelors-degree-holders-debt-levels-in-public-four-year-colleges/
College Board. "Average Amount of Debt per Borrower at Public Four-year Colleges and Universities in The United States from 2007/08 to 2022/23 (in 2023 U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/235386/us-bachelors-degree-holders-debt-levels-in-public-four-year-colleges/
College Board, Average amount of debt per borrower at public four-year colleges and universities in the United States from 2007/08 to 2022/23 (in 2023 U.S. dollars) Statista, https://www.statista.com/statistics/235386/us-bachelors-degree-holders-debt-levels-in-public-four-year-colleges/ (last visited May 07, 2025)
Average amount of debt per borrower at public four-year colleges and universities in the United States from 2007/08 to 2022/23 (in 2023 U.S. dollars) [Graph], College Board, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/235386/us-bachelors-degree-holders-debt-levels-in-public-four-year-colleges/
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