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.
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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)
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 June 23, 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 June 23, 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: June 23, 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 June 23, 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/