Alarming Student Loans Facts and Figures

[{"selector":"#anim-0c37ec35-1fd1-44fe-a3d8-435dcb8d9485 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a3733cf2-bb4f-43a3-8c97-bfefe8a7fcd5","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae6945c3-e1c0-41ed-ad73-927299886f07","keyframes":{"transform":["translate3d(0px, -197.30312%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac84ce33-c251-4692-94fc-818f27b24f3c","keyframes":{"opacity":[0,1]},"delay":1200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af669e14-09d1-447f-93d2-73fe0722fb14","keyframes":{"transform":["translate3d(0px, 100.82918%, 0)","translate3d(0px, 0px, 0)"]},"delay":1200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a96478b-16d8-4bf8-a69f-105292a0f0c8","keyframes":{"opacity":[0,1]},"delay":1000,"duration":1600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a9a8e413-9ad4-4a98-be32-c22d4a6c4fe3","keyframes":{"opacity":[0,1]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac288283-2aa1-4a53-b9b7-74a5f323ab32","keyframes":{"transform":["translate3d(-122.26562%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] 21 Learn more

From 2004 to 2019 we witnessed a staggering 464% jump in the number of student loans owed. So I decided to put something together a list of the 20+ best student loan student loan facts.

[{"selector":"#anim-b2ea8b71-cb0d-4c9d-a8be-a1bfbfee3b9e","keyframes":{"opacity":[0,1]},"delay":100,"duration":1700,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d023c2c2-37b0-4e57-9ccf-313343ce00d5","keyframes":{"opacity":[0,1]},"delay":200,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e985ccd-ce07-467f-89c6-9930416e0a0d","keyframes":{"transform":["translate3d(0px, 143.90365%, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

1. Student loans now total $1.6 trillion

[{"selector":"#anim-14010a4a-bedd-4561-98ad-51ef4e4720a7","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4386ee53-a474-47f1-af2d-df35d8b23f9b","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dbaa3e24-4164-46ca-8cab-a1e5cac4f7c4","keyframes":{"opacity":[0,1]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-918058bf-5eb2-4846-b966-9e53d310c2b4","keyframes":{"transform":["translate3d(0px, 562.89672%, 0)","translate3d(0px, 0px, 0)"]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-767f6c05-268e-4f42-80d1-8bfe599fd6aa","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3bb8bbcb-d468-4326-bd2f-b0dc40aa295a","keyframes":{"transform":["translate3d(0px, 186.73297%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Fast forward to 2018, there were almost 43 million borrowers, now we stand at over 44 million.

[{"selector":"#anim-878309f3-089b-48c1-9169-9b61308cd4f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1026a3af-e7c3-45b0-b197-98cf4afe6764","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5a75354-f758-4d7b-9321-a7f3a562a9d3","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-02410d64-5b01-4492-a343-b3d34f4e03e7","keyframes":{"transform":["translate3d(0px, 212.68512%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-37533695-b740-4f7d-b95a-e41bdabc5a00","keyframes":{"opacity":[0,1]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f7ddeffe-e16d-4547-b484-ba9bb001bd9b","keyframes":{"transform":["translate3d(0px, 630.44480%, 0)","translate3d(0px, 0px, 0)"]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Many people don't know is that of the massive amount of student loan debt that is owed, 50% of it stems from graduate degrees.

[{"selector":"#anim-12820d08-e047-407e-89d4-30fb18912021","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fd29e96b-0bcc-4019-8501-478714ede2a6","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ec0baca-917a-4aa2-abc4-d49e4bf772bb","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa2bd31b-eb33-4b69-9c75-e3ec699dce6d","keyframes":{"transform":["translate3d(0px, 166.82100%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c33c8e99-13d8-40af-bc2e-911287b49332","keyframes":{"opacity":[0,1]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f24c2637-4779-49ec-a865-534fae288a26","keyframes":{"transform":["translate3d(0px, 437.80845%, 0)","translate3d(0px, 0px, 0)"]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

In order to qualify for PSLF borrowers must meet the required 10 years or 120 consecutive payment minimum.

[{"selector":"#anim-578a56af-58aa-4c24-b3c7-e64525580eb3","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e902de5d-a3ca-4993-93d8-c8de30def004","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c547c579-0f2e-4a56-aeea-39448dd1be82","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-32f24b4c-487e-42e6-ba9d-ed8775ed7b64","keyframes":{"transform":["translate3d(0px, 179.27030%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c89d9d07-f3ab-47ed-92a6-3e8737d42fa8","keyframes":{"opacity":[0,1]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d12a5bce-2b07-4a3b-8e8a-32ce0b57420b","keyframes":{"transform":["translate3d(0px, 437.80845%, 0)","translate3d(0px, 0px, 0)"]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

5. Deferring your student loans can make matters worse

[{"selector":"#anim-67d5a450-6ce4-4b50-a86d-524b89412a5f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-432b5746-6b05-4da9-a5e7-1ed31eb43a24","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c688278-2c43-4abe-b198-63a31c07a2d4","keyframes":{"opacity":[0,1]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9cf5db1a-9988-4150-8450-f8bc2b4c5ece","keyframes":{"transform":["translate3d(0px, 186.21875%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ac999d3-3bd8-4a6a-890d-1a0a938c07ec","keyframes":{"opacity":[0,1]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-682d484c-ffd5-48f2-8531-324bdc4c8546","keyframes":{"transform":["translate3d(0px, 437.80845%, 0)","translate3d(0px, 0px, 0)"]},"delay":405,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] It can make your financial woes worse. Here is why: 1. You're still responsible 2. Payment plans are designed to pay loans back Learn more

Tap the link below to Learn More about students loan

[{"selector":"#anim-30717812-5993-4597-a487-0d2f03cf051b","keyframes":{"opacity":[0,1]},"delay":100,"duration":1700,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-994c8d98-4367-4b13-8dc8-6efe3ff639c5","keyframes":{"opacity":[0,1]},"delay":200,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f2c53f9-e590-4961-bde2-242f62833398","keyframes":{"transform":["translate3d(0px, 194.51386%, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Alarming Student Loans Facts and Figures

From 2004 to 2019 we witnessed a staggering 464% jump in the number of student loans owed. So I decided to put something together a list of the 20+ best student loan student loan facts.

1. Student loans now total $1.6 trillion

In 2007 there was $516 billion dollars worth of federally funded outstanding student loans according to the U.S. Department of Education.

Fast forward to 2018, there were almost 43 million borrowers, now we stand at over 44 million.

2. There are over 44 million student loan borrowers

Many people don't know is that of the massive amount of student loan debt that is owed, 50% of it stems from graduate degrees.

3. 50% of student loan debt comes from graduate degrees

In order to qualify for PSLF borrowers must meet the required 10 years or 120 consecutive payment minimum.

4. Public Service Loan Forgiveness works 1% of the time

5. Deferring your student loans can make matters worse

Tap the link below to Learn More about students loan

More STORIES

A Student Loan Story About Paying Off Six-Figures In Debt

Paid Off Student Loans: $262,000 in Student Loans to $0 in 4 Years

Get your copy of my free Side Hustle ACTION Guide & learn how to start making money on the side using these proven steps that have helped 1,000's!