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Published by Statista Research Department, Jul 5, 2024
In 2018, 47 percent of Millennials in the United States said they did not have any student loan debt. In comparison, 38 percent of Millennials said that they are currently paying off their student loans.
Share of U.S. Millennials with student loan debt in 2018
| Characteristic | Share of respondents |
|---|---|
| - | - |
| - | - |
| - | - |
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Source
Release date
October 2018
More information
Region
United States
Survey time period
June 27 to July 13, 2018
Number of respondents
1,202 respondents
Age group
20-36 years
Method of interview
Telephone interviews and online survey
Citation formats
Other statistics on the topic
Education & Science
Total student loans provided in the U.S. 2001-2023
Education & Science
Percentage of U.S. students with student loans 2020/21, by institution type
+
Financial Services
Average student loan debt in the U.S. 2022, by generation
+
Education & Science
Value of outstanding student loans U.S. 2006-2024
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Statistics on " Student loan debt in the United States "
The most important statistics
- Value of outstanding student loans U.S. 2006-2024
- Value of student loan debt outstanding, by repayment status U.S. 2023
- Number of student loan borrowers by balance U.S. 2023
- Total student loans provided in the U.S. 2001-2023
- Share of student loans provided in the U.S. 2001-2023, by source
- Amount of student loan debt outstanding, by type U.S. 2024
- Amount of student loans offered, by federal loan program U.S. 2017-2023
- Student borrowing - percentage borrowing of federal loans U.S. 2010-2023
The most important statistics
- Average student loan debt in the U.S. 2022, by generation
- Total outstanding federal student loan debt U.S. 2023, by age group
- Average student loan debt per borrower U.S. 2023, by age group
- Share of Americans with student loan debt U.S. 2023, by state
- Average student debt U.S. 2020, by state
- Share of Americans who currently have student debt U.S. 2022, by race and gender
- Share of Americans with at least 25,000 U.S. dollars in student debt 2022, by race
- Average U.S. students' undergraduate student loan debt by race 2020
The most important statistics
- Federal student loan limits for undergraduates U.S. 2023, by year and dependency
- Percentage of U.S. students with student loans 2020/21, by institution type
- Share of students receiving student aid in the U.S. 2020-2021, by type of aid
- Tuition cost and student loan amounts U.S. 2021/22, by institution type
- Tuition costs and student loans at U.S. 2-year institutions by institution type 2022
- U.S. student loan borrowers' debt levels in public four-year colleges 2006-2022
- U.S. student loan borrowers' debt levels, private four-year colleges 2006-2022
- Average student debt for a 4-year bachelor's degree, by institution type U.S. 2020/21
The most important statistics
- Student loan cohort default rate in the U.S. 2019, by institution type
- Total balance of federal student loan debt in forbearance U.S. 2021-2023
- Students with federal loans for higher education U.S. 2023, by repayment status
- Student loan default rate U.S. 2022, by race
- Student loan default rate U.S. 2022, by degree type
- Student loan default rate U.S. 2022, by family income
- U.S. borrowers who struggled to make student loan payments 2022
- U.S. adults' ability to pay off student loan debt 2024
The most important statistics
- Share of adults who could afford to make payments towards student loans U.S. 2022
- Distribution of use of funds during paused student loan repayment period U.S. 2022
- Share of adults who think student loans impact financial security U.S. 2022 by income
- Share of Americans with difficulty paying bills U.S. 2023, by student debt status
- Share of Americans who were behind on student loan payments U.S. 2023, by education
- Length of time expected by Gen Z to pay off undergraduate student debt U.S. 2023
- Share of Gen Z who delayed select financial decisions due to student debt U.S. 2022
- Share of adults who believe student loan payments impact financial security U.S. 2022
The most important statistics
- Federal student loan forgiveness programs U.S. 2023, by average amount forgiven
- Share of Americans aged 18-29 with select beliefs on federal student loan policy 2022
- U.S. support for forgiving federal student loans with various tradeoffs 2022
- Share of adults who agree selected programs would help them afford college U.S. 2022
- Average share of student loan forgiven for Americans to reenroll in college 2022
- U.S. adults' on extent of student loan forgiveness 2022
- U.S. adults on extent of student loan forgiveness 2024
- U.S. adults' on extent of student loan forgiveness 2022, by party identification
The most important statistics
- U.S. belief in effectiveness of affirmative action/student loan forgiveness 2023
- Perception of taking out student loans to afford higher education U.S. 2022
- U.S. belief that benefits of higher education exceed the cost 2022, by education/age
- Share of adults who believe taking out student loans is worth it U.S. 2022, by income
- Share of adults who believe taking out student loans was worth it U.S. 2022, by age
- U.S. beliefs on whether college is a smart investment or a gamble 2023, by generation
- Gen Z teens on whether college is a smart investment U.S. 2023, by demographic
- Share of adults who believe their student loan debt was not worth it U.S. 2022
Other statistics that may interest you Student loan debt in the United States
Overview
8
- Premium Statistic Value of outstanding student loans U.S. 2006-2024
- Premium Statistic Value of student loan debt outstanding, by repayment status U.S. 2023
- Premium Statistic Number of student loan borrowers by balance U.S. 2023
- Basic Statistic Total student loans provided in the U.S. 2001-2023
- Basic Statistic Share of student loans provided in the U.S. 2001-2023, by source
- Premium Statistic Amount of student loan debt outstanding, by type U.S. 2024
- Basic Statistic Amount of student loans offered, by federal loan program U.S. 2017-2023
- Premium Statistic Student borrowing - percentage borrowing of federal loans U.S. 2010-2023
Debt demographics
8
- Premium Statistic Average student loan debt in the U.S. 2022, by generation
- Premium Statistic Total outstanding federal student loan debt U.S. 2023, by age group
- Premium Statistic Average student loan debt per borrower U.S. 2023, by age group
- Premium Statistic Share of Americans with student loan debt U.S. 2023, by state
- Basic Statistic Average student debt U.S. 2020, by state
- Premium Statistic Share of Americans who currently have student debt U.S. 2022, by race and gender
- Premium Statistic Share of Americans with at least 25,000 U.S. dollars in student debt 2022, by race
- Basic Statistic Average U.S. students' undergraduate student loan debt by race 2020
Higher education institutions
8
- Premium Statistic Federal student loan limits for undergraduates U.S. 2023, by year and dependency
- Basic Statistic Percentage of U.S. students with student loans 2020/21, by institution type
- Basic Statistic Share of students receiving student aid in the U.S. 2020-2021, by type of aid
- Basic Statistic Tuition cost and student loan amounts U.S. 2021/22, by institution type
- Premium Statistic Tuition costs and student loans at U.S. 2-year institutions by institution type 2022
- Basic Statistic U.S. student loan borrowers' debt levels in public four-year colleges 2006-2022
- Basic Statistic U.S. student loan borrowers' debt levels, private four-year colleges 2006-2022
- Basic Statistic Average student debt for a 4-year bachelor's degree, by institution type U.S. 2020/21
Default rates and repayment
8
- Basic Statistic Student loan cohort default rate in the U.S. 2019, by institution type
- Premium Statistic Total balance of federal student loan debt in forbearance U.S. 2021-2023
- Premium Statistic Students with federal loans for higher education U.S. 2023, by repayment status
- Premium Statistic Student loan default rate U.S. 2022, by race
- Premium Statistic Student loan default rate U.S. 2022, by degree type
- Premium Statistic Student loan default rate U.S. 2022, by family income
- Premium Statistic U.S. borrowers who struggled to make student loan payments 2022
- Premium Statistic U.S. adults' ability to pay off student loan debt 2024
Impacts of loan repayment
8
- Premium Statistic Share of adults who could afford to make payments towards student loans U.S. 2022
- Premium Statistic Distribution of use of funds during paused student loan repayment period U.S. 2022
- Premium Statistic Share of adults who think student loans impact financial security U.S. 2022 by income
- Premium Statistic Share of Americans with difficulty paying bills U.S. 2023, by student debt status
- Premium Statistic Share of Americans who were behind on student loan payments U.S. 2023, by education
- Premium Statistic Length of time expected by Gen Z to pay off undergraduate student debt U.S. 2023
- Premium Statistic Share of Gen Z who delayed select financial decisions due to student debt U.S. 2022
- Premium Statistic Share of adults who believe student loan payments impact financial security U.S. 2022
Federal loan forgiveness
8
- Premium Statistic Federal student loan forgiveness programs U.S. 2023, by average amount forgiven
- Premium Statistic Share of Americans aged 18-29 with select beliefs on federal student loan policy 2022
- Premium Statistic U.S. support for forgiving federal student loans with various tradeoffs 2022
- Premium Statistic Share of adults who agree selected programs would help them afford college U.S. 2022
- Premium Statistic Average share of student loan forgiven for Americans to reenroll in college 2022
- Premium Statistic U.S. adults' on extent of student loan forgiveness 2022
- Premium Statistic U.S. adults on extent of student loan forgiveness 2024
- Basic Statistic U.S. adults' on extent of student loan forgiveness 2022, by party identification
Opinion
8
- Premium Statistic U.S. belief in effectiveness of affirmative action/student loan forgiveness 2023
- Premium Statistic Perception of taking out student loans to afford higher education U.S. 2022
- Premium Statistic U.S. belief that benefits of higher education exceed the cost 2022, by education/age
- Premium Statistic Share of adults who believe taking out student loans is worth it U.S. 2022, by income
- Premium Statistic Share of adults who believe taking out student loans was worth it U.S. 2022, by age
- Premium Statistic U.S. beliefs on whether college is a smart investment or a gamble 2023, by generation
- Premium Statistic Gen Z teens on whether college is a smart investment U.S. 2023, by demographic
- Premium Statistic Share of adults who believe their student loan debt was not worth it U.S. 2022
Further related statistics
7
- Basic Statistic Share of student loans provided in the U.S. 2001-2023, by source
- Basic Statistic U.S. student loan borrowers' debt levels, private four-year colleges 2006-2022
- Basic Statistic Amount of student loans offered, by federal loan program U.S. 2017-2023
- Premium Statistic Non-performing loan (NPL) ratio of China's listed banks 2008-2020
- Basic Statistic Share of U.S. Millennials whose monthly expenses were paid by their parents 2014
- Basic Statistic Where American teenagers get their money in 2011
- Basic Statistic Reasons for American teenagers to save money in 2011
Further Content: You might find this interesting as well
Statistics
- Share of student loans provided in the U.S. 2001-2023, by source
- U.S. student loan borrowers' debt levels, private four-year colleges 2006-2022
- Amount of student loans offered, by federal loan program U.S. 2017-2023
- Non-performing loan (NPL) ratio of China's listed banks 2008-2020
- Share of U.S. Millennials whose monthly expenses were paid by their parents 2014
- Where American teenagers get their money in 2011
- Reasons for American teenagers to save money in 2011
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