Report Highlights. Borrowers in their 40s have the highest average student loan debt balance at $47,095.
- 20.1% of student loan borrowers are at least 50 years old.
- Among federal loans only, borrowers aged 50 to 61 have the highest average balance ($48,875).
- The largest share of student loan debt (32.9%) belongs to borrowers in their 30s.
- Among borrowers in their 30s, the average balance is $41,867.
- Over 1-in-4 American adults under 40 have a student debt balance.
| Age | Average balance |
|---|---|
| under 30 | $23,830 |
| 30-39 | $41,867 |
| 40-49 | $47,095 |
| 50-59 | $46,631 |
| 60+ | $40,969 |
Related research includes Student Loan Debt by Generation | Student Loan Debt Statistics | Student Loan Debt by Gender | Student Loan Debt by Year | Student Loan Refinancing
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Average Student Loan Debt by Age
Statistics show that young Americans are less likely to borrow student loans while older borrowers are more likely to carry student debt into their 30s, 40s, and 50s.
- Americans in their 30s have the highest average student loan debt per capita ($11,262 in 2024).
- Also per capita, borrowers aged 60 and older have the lowest debt per capita ($1,768).
- Borrowers under 30 had the lowest average student loan balance among age groups ($23,830).
- Borrowers aged 60 and older, the average student loan balance was $40,969.
Total Student Loan Debt by Age
The age group that owes the greatest share of total debt (30- to 39-year-olds) is not necessarily the same as the group with the highest average balance per borrower.
- Borrowers aged 30 to 39 years old owed a collective $530.79 billion in student loan debt as of 2024.
- Student loan borrowers in their 40s owed $364.09 billion in 2024; borrowers under 30 owed $334.48 billions.
- Though borrowers in their 50s have a higher average student loan balance, they collectively owe less compared to other age groups ($236.28 billion).
- Borrowers 60 and older owe the smallest collective student loan debt ($146.71 billion).
Student Loan Delinquency by Age
In five (5) years, delinquency rates among student loan borrowers grew among every age group except those under 30.
- Borrowers in their 50s are the most likely to be delinquent in student loan payments; 25.9% had at least one payment that was past due in 2025 Q1.
- By 2026 Q1, 15.2% of borrowers aged 50 and older had at least one student loan entering serious delinquency (i.e. 90+ days overdue).
- The delinquency rate among student loan borrowers in their 30s increased 33.9% (5.8 percentage points) from 2020 to 2025.
- In 2026 Q1, 9.30% of borrowers in their 30s had a loan payment(s) overdue by 90 days or more.
- Borrowers under 30 had the lowest serious delinquency rate (8.03% had payments overdue by 90 days or more).
Student Loan Debt Growth by Age
Borrowers aged 60 and older have increased their average and their total borrowing the most in recent years.
- Between 2019 and 2024, the average student loan debt balance among borrowers age 60 and older increased 28.72%.
- Borrowers aged 60 and older also increased their total average student loan balance 33.46% between 2019 and 2024.
- Borrowers under 30 increased their average student loan balance 0.74% between 2019 and 2024.
- If trends continue, borrowers in their 60s will theoretically owe an average of $58,606 in student loan debt by 2030.
- Among borrowers in their 30s, the average student loan debt balance increased 0.96% from 2019 to 2024.
- Borrowers under 30 were the only age group to see their total student loan debt decline over 10 years (down 1.01%).
- Over the same 5-year period, borrowers in their 40s and 50s increased their average balances by 10.68% and 16.92%, respectively.
Student Loan Borrowing by Age
Americans in their 30s are the most likely to have an outstanding student loan debt balance.
- In 2010, Americans under 30 were the age group most likely to have student debt.
- With 14.036 million Americans under 30 owing student loan debt, they are still the largest age group among student loan borrowers.
- The next-largest age group is borrowers in their 30s (12.678 million).
| Year | Number of Borrowers (in millions) |
Total Balance (in billions) |
|---|---|---|
| 2024 | 14.036 | 334.48 |
| 2023 | 14.196 | 339.44 |
| 2022 | 14.775 | 351.57 |
| 2021 | 14.914 | 355.62 |
| 2020 | 15.091 | 360.24 |
| 2019 | 15.924 | 376.69 |
| 2018 | 16.397 | 381.61 |
| 2017 | 16.759 | 383.16 |
| 2016 | 17.059 | 382.74 |
| 2015 | 17.279 | 376.19 |
| 2014 | 17.446 | 370.75 |
| 2013 | 17.390 | 362.21 |
| 2012 | 15.066 | 322.84 |
| 2011 | 15.466 | 316.54 |
| 2010 | 16.161 | 301.33 |
| 2009 | 15.317 | 275.92 |
| 2008 | 14.217 | 251.40 |
| 2007 | 13.401 | 220.85 |
| 2006 | 12.928 | 196.65 |
| 2005 | 12.062 | 162.80 |
| 2004 | 11.343 | 148.02 |
Student Borrowers Under 30
One out of every four Americans aged 30 and under has student loan debt.
- As of 2024, 26.19% of Americans aged 30 and under had student loan debt.
- The rate at which Americans under 30 owed student loan debt declined 16.1% between 2010 and 2024.
- Borrowers aged 29 and under owe 20.74% of total student loan debt.
- 32.57% of student loan borrowers are under 30.
| Year | Number of Borrowers (in millions) |
Total Balance (in billions) |
|---|---|---|
| 2024 | 12.678 | 530.79 |
| 2023 | 12.631 | 528.79 |
| 2022 | 12.316 | 517.45 |
| 2021 | 12.061 | 515.59 |
| 2020 | 11.922 | 510.53 |
| 2019 | 12.006 | 497.90 |
| 2018 | 12.218 | 484.91 |
| 2017 | 12.233 | 457.21 |
| 2016 | 12.228 | 435.61 |
| 2015 | 12.098 | 407.79 |
| 2014 | 11.816 | 384.25 |
| 2013 | 11.414 | 355.14 |
| 2012 | 10.933 | 320.84 |
| 2011 | 9.848 | 282.25 |
| 2010 | 9.608 | 261.44 |
| 2009 | 8.846 | 232.49 |
| 2008 | 8.066 | 205.98 |
| 2007 | 7.235 | 176.13 |
| 2006 | 6.765 | 155.22 |
| 2005 | 6.120 | 127.72 |
| 2004 | 5.672 | 112.68 |
Student Borrowers Aged 30 to 39
As of 2024, 26.90% of Americans aged 30 to 39 had student loan debt.
- The share of Americans aged 30 to 39 who owed student loan debt increased 12.4% between 2010 and 2024.
- 29.42% of student loan borrowers are 30 to 39 years old.
- Borrowers in their 30s increased their total student loan debt balance 3.31% over 10 years.
| Year | Number of Borrowers (in millions) |
Total Balance (in billions) |
|---|---|---|
| 2024 | 7.731 | 364.09 |
| 2023 | 7.845 | 354.12 |
| 2022 | 7.833 | 350.90 |
| 2021 | 7.686 | 344.83 |
| 2020 | 7.540 | 333.31 |
| 2019 | 7.509 | 319.52 |
| 2018 | 7.435 | 300.46 |
| 2017 | 7.242 | 275.83 |
| 2016 | 7.048 | 254.78 |
| 2015 | 6.810 | 229.86 |
| 2014 | 6.516 | 209.04 |
| 2013 | 6.284 | 189.33 |
| 2012 | 6.038 | 167.95 |
| 2011 | 5.505 | 141.91 |
| 2010 | 5.332 | 128.76 |
| 2009 | 4.843 | 109.24 |
| 2008 | 4.440 | 94.64 |
| 2007 | 4.089 | 80.48 |
| 2006 | 3.865 | 70.07 |
| 2005 | 3.454 | 56.38 |
| 2004 | 3.162 | 48.87 |
Student Borrowers Aged 40 to 49
17.96% of Americans in their 40s have an outstanding student loan debt balance.
- 7.731 million Americans in their 40s have student loan debt.
- Borrowers aged 40 to 49 owe 22.58% of total student loan debt.
- 17.94% of student loan borrowers are 40 to 49 years old.
- In 2010, 12.25% of Americans in their 40s had student debt.
- The share of Americans aged 40 to 49 who owed student loan increased 46.6% between 2010 and 2024.
- Borrowers in their 40s increased their total student loan debt balance 5.76% over 10 years.
| Year | Number of Borrowers (in millions) |
Total Balance (in billions) |
|---|---|---|
| 2024 | 5.067 | 236.28 |
| 2023 | 5.256 | 236.90 |
| 2022 | 5.304 | 239.35 |
| 2021 | 5.268 | 231.89 |
| 2020 | 5.147 | 219.07 |
| 2019 | 5.171 | 206.23 |
| 2018 | 5.190 | 192.44 |
| 2017 | 5.160 | 175.43 |
| 2016 | 5.166 | 162.94 |
| 2015 | 5.168 | 149.90 |
| 2014 | 5.033 | 137.39 |
| 2013 | 4.889 | 125.65 |
| 2012 | 4.703 | 111.68 |
| 2011 | 4.337 | 97.10 |
| 2010 | 4.191 | 89.73 |
| 2009 | 3.846 | 78.60 |
| 2008 | 3.464 | 67.82 |
| 2007 | 3.125 | 56.76 |
| 2006 | 2.842 | 48.29 |
| 2005 | 2.385 | 36.47 |
| 2004 | 2.091 | 29.54 |
Student Borrowers Aged 50 to 59
12.53% of Americans in their 50s have an outstanding student loan debt balance.
- 5.067 million Americans in their 50s have student loan debt.
- Borrowers aged 50 to 59 owe 14.65% of total student loan debt.
- 11.76% of student loan borrowers are 50 to 59 years old.
- In 2010, 9.94% of Americans in their 50s had student debt.
- The share of Americans aged 50 to 59 who owed student loan debt increased 26.1% between 2010 and 2024.
- Borrowers in their 50s increased their total student loan debt balance 5.63% over 10 years.
| Year | Number of Borrowers (in millions) |
Total Balance (in billions) |
|---|---|---|
| 2024 | 3.581 | 146.71 |
| 2023 | 3.731 | 143.02 |
| 2022 | 3.626 | 135.47 |
| 2021 | 3.527 | 126.61 |
| 2020 | 3.408 | 116.43 |
| 2019 | 3.339 | 106.27 |
| 2018 | 3.265 | 95.75 |
| 2017 | 3.146 | 84.59 |
| 2016 | 2.993 | 76.06 |
| 2015 | 2.849 | 66.78 |
| 2014 | 2.617 | 58.13 |
| 2013 | 2.403 | 50.11 |
| 2012 | 2.213 | 43.21 |
| 2011 | 1.931 | 35.47 |
| 2010 | 1.75 | 30.85 |
| 2009 | 1.478 | 25.34 |
| 2008 | 1.264 | 20.5 |
| 2007 | 1.069 | 15.97 |
| 2006 | 0.893 | 12.23 |
| 2005 | 0.68 | 8.27 |
| 2004 | 0.577 | 6.41 |
Student Borrowers 60 and Older
4.32% of Americans in their 60s and older have an outstanding student loan debt balance.
- 3.581 million Americans in their 60s and older have student loan debt.
- Borrowers aged 60 and older owe 9.10% of total student loan debt.
- 8.31% of student loan borrowers are 60 or older.
- In 2010, 3.05% of Americans in their 60s and older had student debt.
- The share of Americans aged 60 and older who owed student loan debt increased 41.6% between 2010 and 2024.
- Borrowers in their 60s and older increased their total student loan debt balance 9.76% over 10 years.
| Age Group | Dollars Outstanding (in billions) |
Borrowers (in millions) |
|---|---|---|
| 24 and Younger | $85.60 | 6.2 |
| 25 to 34 | $465.80 | 14.0 |
| 35 to 49 | $685.10 | 15.0 |
| 50 to 61 | $312.80 | 6.4 |
| 62 and Older | $143.70 | 3.2 |
| Age not reported | $3.30 | 0.1 |
Federal Student Debt by Age Group
The U.S. Department of Education tracks debt among certain age groups.
- Federal student loan borrowers 24 or younger owe an average of $13,807; this is the lowest average balance among age groups.
- Borrowers aged 35 to 49 have an average federal student loan balance of $45,673.
- Federal student loan borrowers aged 62 and older owe an average of $44,906.
- Borrowers between the ages of 25 to 34 have an average federal student loan balance of $33,271.
Student Debt by Age & Location
State data reflect variations in the burden of debt among age groups. All student loan debt in these sections refer to federal aid.
- In most states, the age group with the largest average federal student loan balance is 50 to 61.
- Also in most states, the largest share of outstanding student loan debt belongs to borrowers between 35 and 49 years old.
- Over 20% of federal student loan borrowers are aged 50 and older in 20 states.
- In 19 states and the District of Columbia, federal loan borrowers aged 50 to 61 had an average balance of $50,000 or more.
Student Debt by Age in Alabama
Alabama borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($51,955).
- 20.9% of federal student loan borrowers in Alabama are aged 50 or older.
- Among federal student loan borrowers in Alabama aged 62 and older, the average balance is $44,952.
- The largest age group among Alabama residents with a federal student loan debt balance is 35 to 49 (33.8% of borrowers).
- Among Alabama residents aged 35 to 49, 23.3% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Alabama have an average balance of $48,817.
- 19.0% of Alabama residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Alabama have an average balance of $13,961.
- 31.7% of Alabama residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Alabama borrowers aged 25 to 34 is $33,012.
Student Debt by Age in Alaska
Alaska borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($48,276).
- 19.6% of federal student loan borrowers in Alaska are aged 50 or older.
- Among federal student loan borrowers in Alaska aged 62 and older, the average balance is $46,154.
- The largest age group among Alaska residents with a federal student loan debt balance is 35 to 49 (39.9% of borrowers).
- Among Alaska residents aged 35 to 49, 16.9% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Alaska have an average balance of $44,358.
- 8.82% of Alaska residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Alaska have an average balance of $11,667.
- 17.7% of Alaska residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Alaska borrowers aged 25 to 34 is $28,856.
Student Debt by Age in Arizona
Arizona borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($47,326).
- 22.0% of federal student loan borrowers in Arizona are aged 50 or older.
- Among federal student loan borrowers in Arizona aged 62 and older, the average balance is $44,444.
- The largest age group among Arizona residents with a federal student loan debt balance is 35 to 49 (35.2% of borrowers).
- Among Arizona residents aged 35 to 49, 22.8% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Arizona have an average balance of $44,865.
- 14.8% of Arizona residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Arizona have an average balance of $12,245.
- 27.0% of Arizona residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Arizona borrowers aged 25 to 34 is $31,157.
Student Debt by Age in Arkansas
Arkansas borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($45,893).
- 19.2% of federal student loan borrowers in Arkansas are aged 50 or older.
- Among federal student loan borrowers in Arkansas aged 62 and older, the average balance is $40,991.
- The largest age group among Arkansas residents with a federal student loan debt balance is 35 to 49 (35.87% of borrowers).
- Among Arkansas residents aged 35 to 49, 24.8% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Arkansas have an average balance of $43,707.
- 18.7% of Arkansas residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Arkansas have an average balance of $13,051.
- 33.0% of Arkansas residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Arkansas borrowers aged 25 to 34 is $29,891.
Student Debt by Age in California
California borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($51,420).
- 20.4% of federal student loan borrowers in California are aged 50 or older.
- Among federal student loan borrowers in California aged 62 and older, the average balance is $47,259.
- The largest age group among California residents with a federal student loan debt balance is 25 to 34 (33.8% of borrowers).
- 23.1% of California residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among California borrowers aged 25 to 34 is $34,673.
- 14.0% of California residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in California have an average balance of $12,869.
- Among California residents aged 35 to 49, 16.0% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in California have an average balance of $50,008.
Student Debt by Age in Colorado
Colorado borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($52,381).
- 18.3% of federal student loan borrowers in Colorado are aged 50 or older.
- Among federal student loan borrowers in Colorado aged 62 and older, the average balance is $50,922.
- The largest age group among Colorado residents with a federal student loan debt balance is 35 to 49 (35.1% of borrowers).
- Among Colorado residents aged 35 to 49, 21.3% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Colorado have an average balance of $47,688.
- 17.3% of Colorado residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Colorado have an average balance of $12,725.
- 27.7% of Colorado residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Colorado borrowers aged 25 to 34 is $32,172.
Student Debt by Age in Connecticut
Connecticut borrowers aged 62+ have the highest average federal student loan balance ($58,333).
- 19.8% of federal student loan borrowers in Connecticut are aged 50 or older.
- Among federal student loan borrowers in Connecticut aged 50 to 61 years, the average balance is $54,315.
- The largest age group among Connecticut residents with a federal student loan debt balance is 25 to 34 (32.8% of borrowers).
- 28.3% of Connecticut residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Connecticut have an average balance of $15,393.
- 36.0%% of Connecticut residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Connecticut borrowers aged 25 to 34 is $34,540.
- Among Connecticut residents aged 35 to 49, 21.1% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Connecticut have an average balance of $45,950.
Student Debt by Age in Delaware
Delaware borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($58,586).
- 21.2% of federal student loan borrowers in Delaware are aged 50 or older.
- Among federal student loan borrowers in Delaware aged 62 and older, the average balance is $58,065.
- A slim majority of Delaware residents with a federal student loan debt balance is 25 to 34 (31.4% of borrowers; those aged 35 to 49 represent 31.3%).
- 34.0% of Delaware residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Delaware borrowers aged 25 to 34 is $33,796.
- Among Delaware residents aged 35 to 49, 22.7% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Delaware have an average balance of $49,070.
- 24.2% of Delaware residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Delaware have an average balance of $14,932.
Student Debt by Age in District of Columbia
Federal student loan borrowers between the ages of 35 and 49 have the highest average balance ($71,693) compared to other age groups in District of Columbia.
- 18.0% of federal student loan borrowers in the District of Columbia are aged 50 or older.
- Among federal student loan borrowers in D.C. aged 50 and older, the average balance is $54,634.
- The largest age group among D.C. residents with a federal student loan debt balance is 25 to 34 (38.7% of borrowers).
- 29.2% of D.C. residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among D.C. borrowers aged 25 to 34 is $53,846.
- 16.5% of D.C. residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in D.C. have an average balance of $18,803.
- Among D.C. residents aged 35 to 49, 23.6% have federal student loan debt.
Student Debt by Age in Florida
Florida borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($49,781).
- 22.0% of federal student loan borrowers in Florida are aged 50 or older.
- Among federal student loan borrowers in Florida aged 62 and older, the average balance is $48,054.
- The largest age group among Florida residents with a federal student loan debt balance is 35 to 49 (36.4% of borrowers).
- Among Florida residents aged 35 to 49, 22.5% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Florida have an average balance of $48,924.
- 15.5% of Florida residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Florida have an average balance of $13,980.
- 28.9% of Florida residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Florida borrowers aged 25 to 34 is $35,621.
Student Debt by Age in Georgia
Georgia borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($59,284).
- 21.2% of federal student loan borrowers in Georgia are aged 50 or older.
- Among federal student loan borrowers in Georgia aged 62 and older, the average balance is $55,005.
- The largest age group among Georgia residents with a federal student loan debt balance is 35 to 49 (34.1% of borrowers).
- Among Georgia residents aged 35 to 49, 26.1% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Georgia have an average balance of $54,238.
- 21.4% of Georgia residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Georgia have an average balance of $13,833.
- 34.8% of Georgia residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Georgia borrowers aged 25 to 34 is $35,579.
Student Debt by Age in Hawaii
Hawaii borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($57,062).
- 22.5% of federal student loan borrowers in Hawaii are aged 50 or older.
- Among federal student loan borrowers in Hawaii aged 62 and older, the average balance is $53,684.
- The largest age group among Hawaii residents with a federal student loan debt balance is 35 to 49 (32.6% of borrowers).
- Among Hawaii residents aged 35 to 49, 14.0% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Hawaii have an average balance of $50,000.
- 14.8% of Hawaii residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Hawaii have an average balance of $13,450.
- 20.0% of Hawaii residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Hawaii borrowers aged 25 to 34 is $30,997.
Student Debt by Age in Idaho
Idaho borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($46,127).
- 18.3% of federal student loan borrowers in Idaho are aged 50 or older.
- Among federal student loan borrowers in Idaho aged 62 and older, the average balance is $44,643.
- The largest age group among Idaho residents with a federal student loan debt balance is 35 to 49 (36.9% of borrowers).
- Among Idaho residents aged 35 to 49, 20.8% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Idaho have an average balance of $43,985.
- 14.0% of Idaho residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Idaho have an average balance of $11,151.
- 26.6% of Idaho residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Idaho borrowers aged 25 to 34 is $27,246.
Student Debt by Age in Illinois
Illinois borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($55,232).
- 20.4% of federal student loan borrowers in Illinois are aged 50 or older.
- Among federal student loan borrowers in Illinois aged 62 and older, the average balance is $51,510.
- The largest age group among Illinois residents with a federal student loan debt balance is 25 to 34 (33.51% of borrowers).
- 30.8% of Illinois residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Illinois borrowers aged 25 to 34 is $36,569.
- 21.9% of Illinois residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Illinois have an average balance of $14,760.
- Among Illinois residents aged 35 to 49, 19.4% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Illinois have an average balance of $50,301.
Student Debt by Age in Indiana
Indiana borrowers between over 50 have the highest average federal student loan balance ($45,702).
- 20.1% of federal student loan borrowers in Indiana are aged 50 or older.
- The largest age group among Indiana residents with a federal student loan debt balance is 35 to 49 (34.8% of borrowers).
- Among Indiana residents aged 35 to 49, 24.1% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Indiana have an average balance of $41,744.
- 19.1% of Indiana residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Indiana have an average balance of $13,481.
- 30.0% of Indiana residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Indiana borrowers aged 25 to 34 is $28,546.
Student Debt by Age in Iowa
Iowa borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($42,125).
- 17.5% of federal student loan borrowers in Iowa are aged 50 or older.
- Among federal student loan borrowers in Iowa aged 62 and older, the average balance is $41,121.
- A very slim majority of Iowa residents with a federal student loan debt balance is 25 to 34 (32.29% of borrowers; those aged 35 to 49 represent 32.27%).
- 33.3% of Iowa residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Iowa borrowers aged 25 to 34 is $28,843.
- Among Iowa residents aged 35 to 49, 22.8% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Iowa have an average balance of $39,707.
- 23.6% of Iowa residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Iowa have an average balance of $14,116.
Student Debt by Age in Kansas
Kansas borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($46,337).
- 19.3% of federal student loan borrowers in Kansas are aged 50 or older.
- Among federal student loan borrowers in Kansas aged 62 and older, the average balance is $44,493.
- The largest age group among Kansas residents with a federal student loan debt balance is 35 to 49 (33.6% of borrowers).
- 19.5% of Kansas residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Kansas have an average balance of $13,126.
- 31.1% of Kansas residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Kansas borrowers aged 25 to 34 is $29,153.
- Among Kansas residents aged 35 to 49, 22.7% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Kansas have an average balance of $42,689.
Student Debt by Age in Kentucky
Kentucky borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($43,039).
- 18.9% of federal student loan borrowers in Kentucky are aged 50 or older.
- Among federal student loan borrowers in Kentucky aged 50 and older, the average balance is $42,033.
- The largest age group among Kentucky residents with a federal student loan debt balance is 35 to 49 (36.2% of borrowers).
- Among Kentucky residents aged 35 to 49, 25.7% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Kentucky have an average balance of $42,011.
- 19.0% of Kentucky residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Kentucky have an average balance of $13,608.
- 32.7% of Kentucky residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Kentucky borrowers aged 25 to 34 is $31,700.
Student Debt by Age in Louisiana
Louisiana borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($46,509).
- 18.7% of federal student loan borrowers in Louisiana are aged 50 or older.
- Among federal student loan borrowers in Louisiana aged 62 and older, the average balance is $39,951.
- The largest age group among Louisiana residents with a federal student loan debt balance is 35 to 49 (33.0% of borrowers).
- Among Louisiana residents aged 35 to 49, 25.5% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Louisiana have an average balance of $46,218.
- 36.6% of Louisiana residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Louisiana have an average balance of $13,375.
- 37.7% of Louisiana residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Louisiana borrowers aged 25 to 34 is $32,571.
Student Debt by Age in Maine
Maine borrowers aged 62 and older have the highest average federal student loan balance ($50,000).
- 18.4% of federal student loan borrowers in Maine are aged 50 or older.
- Among federal student loan borrowers in Maine aged 50 to 61, the average balance is $45,957.
- The largest age group among Maine residents with a federal student loan debt balance is 25 to 34 (33.9% of borrowers).
- 36.7% of Maine residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Maine borrowers aged 25 to 34 is $31,013.
- 24.3% of Maine residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Maine have an average balance of $14,552.
- Among Maine residents aged 35 to 49, 24.3% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Maine have an average balance of $43,619.
Student Debt by Age in Maryland
Maryland borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($62,195).
- 22.3% of federal student loan borrowers in Maryland are aged 50 or older.
- Among federal student loan borrowers in Maryland aged 62 and older, the average balance is $59,346.
- The largest age group among Maryland residents with a federal student loan debt balance is 35 to 49 (32.8% of borrowers).
- Among Maryland residents aged 35 to 49, 21.9% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Maryland have an average balance of $55,765.
- 22.3% of Maryland residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Maryland have an average balance of $14,587.
- 32.1% of Maryland residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Maryland borrowers aged 25 to 34 is $37,755.
Student Debt by Age in Massachusetts
Massachusetts borrowers aged 62 and older have the highest average federal student loan balance ($55,734).
- 16.0% of federal student loan borrowers in Massachusetts are aged 50 or older.
- Among federal student loan borrowers in Massachusetts aged 50 to 61, the average balance is $51,860.
- The largest age group among Massachusetts residents with a federal student loan debt balance is 25 to 34 (36.8% of borrowers).
- 33.2% of Massachusetts residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Massachusetts borrowers aged 25 to 34 is $35,250.
- 26.0% of Massachusetts residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Massachusetts have an average balance of $15,669.
- Among Massachusetts residents aged 35 to 49, 17.5% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Massachusetts have an average balance of $46,173.
Student Debt by Age in Michigan
Michigan borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($48,910).
- 20.9% of federal student loan borrowers in Michigan are aged 50 or older.
- Among federal student loan borrowers in Michigan aged 62 and older, the average balance is $45,028.
- The largest age group among Michigan residents with a federal student loan debt balance is 35 to 49 (33.7% of borrowers).
- Among Michigan residents aged 35 to 49, 25.3% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Michigan have an average balance of $45,961.
- 19.9% of Michigan residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Michigan have an average balance of $14,562.
- 32.7% of Michigan residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Michigan borrowers aged 25 to 34 is $35,041.
Student Debt by Age in Minnesota
Minnesota borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($48,918).
- 15.4% of federal student loan borrowers in Minnesota are aged 50 or older.
- Among federal student loan borrowers in Minnesota aged 62 and older, the average balance is $46,518.
- The largest age group among Minnesota residents with a federal student loan debt balance is 25 to 34 (34.2% of borrowers).
- 35.3% of Minnesota residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Minnesota borrowers aged 25 to 34 is $31,139.
- 25.4% of Minnesota residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Minnesota have an average balance of $13,832.
- Among Minnesota residents aged 35 to 49, 22.5% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Minnesota have an average balance of $45,469.
Student Debt by Age in Mississippi
Mississippi borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($51,176).
- 21.5% of federal student loan borrowers in Mississippi are aged 50 or older.
- Among federal student loan borrowers in Mississippi aged 62 and older, the average balance is $43,960.
- The largest age group among Mississippi residents with a federal student loan debt balance is 35 to 49 (34.7% of borrowers).
- Among Mississippi residents aged 35 to 49, 28.6% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Mississippi have an average balance of $49,336.
- 21.1% of Mississippi residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Mississippi have an average balance of $12,993.
- 38.6% of Mississippi residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Mississippi borrowers aged 25 to 34 is $31,484.
Student Debt by Age in Missouri
Missouri borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($48,593).
- 20.8% of federal student loan borrowers in Missouri are aged 50 or older.
- Among federal student loan borrowers in Missouri aged 62 and older, the average balance is $43,993.
- The largest age group among Missouri residents with a federal student loan debt balance is 35 to 49 (34.9% of borrowers).
- Among Missouri residents aged 35 to 49, 24.4% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Missouri have an average balance of $44,441.
- 19.0% of Missouri residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Missouri have an average balance of $13,932.
- 31.4% of Missouri residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Missouri borrowers aged 25 to 34 is $31,712.
Student Debt by Age in Montana
Montana borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($45,238).
- 19.6% of federal student loan borrowers in Montana are aged 50 or older.
- Among federal student loan borrowers in Montana aged 62 and older, the average balance is $44,304.
- The largest age group among Montana residents with a federal student loan debt balance is 35 to 49 (35.7% of borrowers).
- Among Montana residents aged 35 to 49, 20.6% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Montana have an average balance of $44,889.
- 16.5% of Montana residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Montana have an average balance of $12,281.
- 27.7% of Montana residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Montana borrowers aged 25 to 34 is $29,188.
Student Debt by Age in Nebraska
Nebraska borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($45,066).
- 17.7% of federal student loan borrowers in Nebraska are aged 50 or older.
- Among federal student loan borrowers in Nebraska aged 62 and older, the average balance is $41,732.
- The largest age group among Nebraska residents with a federal student loan debt balance is 25 to 34 (33.5% of borrowers).
- 31.1% of Nebraska residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Nebraska borrowers aged 25 to 34 is $30,467.
- 21.2% of Nebraska residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Nebraska have an average balance of $13,302.
- Among Nebraska residents aged 35 to 49, 20.0% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Nebraska have an average balance of $42,428.
Student Debt by Age in Nevada
Nevada borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($46,629).
- 21.9% of federal student loan borrowers in Nevada are aged 50 or older.
- Among federal student loan borrowers in Nevada aged 62 and older, the average balance is $43,123.
- The largest age group among Nevada residents with a federal student loan debt balance is 35 to 49 (35.6% of borrowers).
- Among Nevada residents aged 35 to 49, 19.2% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Nevada have an average balance of $43,545.
- 16.2% of Nevada residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Nevada have an average balance of $11,059.
- 24.2% of Nevada residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Nevada borrowers aged 25 to 34 is $29,613.
Student Debt by Age in New Hampshire
New Hampshire borrowers aged 62 and older have the highest average federal student loan balance ($58,333).
- 17.8% of federal student loan borrowers in New Hampshire are aged 50 or older.
- Among federal student loan borrowers in New Hampshire aged 50 to 61, the average balance is $53,982.
- The largest age group among New Hampshire residents with a federal student loan debt balance is 25 to 34 (34.8% of borrowers).
- 36.7% of New Hampshire residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among New Hampshire borrowers aged 25 to 34 is $39,415.
- 26.9% of New Hampshire residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in New Hampshire have an average balance of $15,106.
- Among New Hampshire residents aged 35 to 49, 21.5% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in New Hampshire have an average balance of $44,704.
Student Debt by Age in New Jersey
New Jersey borrowers aged 62 and older have the highest average federal student loan balance ($57,664).
- 18.8% of federal student loan borrowers in New Jersey are aged 50 or older.
- Among federal student loan borrowers in New Jersey aged 50 to 61, the average balance is $56,760.
- The largest age group among New Jersey residents with a federal student loan debt balance is 25 to 34 (34.5% of borrowers).
- 34.4% of New Jersey residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among New Jersey borrowers aged 25 to 34 is $36,019.
- Among New Jersey residents aged 35 to 49, 18.1% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in New Jersey have an average balance of $47,929.
- 29.7% of New Jersey residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in New Jersey have an average balance of $15,109.
Student Debt by Age in New Mexico
New Mexico borrowers aged 62 and older have the highest average federal student loan balance ($45,930).
- 23.0% of federal student loan borrowers in New Mexico are aged 50 or older.
- Among federal student loan borrowers in New Mexico aged 50 to 61, the average balance is $45,402.
- The largest age group among New Mexico residents with a federal student loan debt balance is 35 to 49 (40.0% of borrowers).
- Among New Mexico residents aged 35 to 49, 22.0% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in New Mexico have an average balance of $41,528.
- 9.46% of New Mexico residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in New Mexico have an average balance of $10,526.
- 23.4% of New Mexico residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among New Mexico borrowers aged 25 to 34 is $26,242.
Student Debt by Age in New York
New York borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($53,517).
- 19.7% of federal student loan borrowers in New York are aged 50 or older.
- Among federal student loan borrowers in New York aged 62 and older, the average balance is $50,977.
- The largest age group among New York residents with a federal student loan debt balance is 25 to 34 (34.2% of borrowers).
- 29.9% of New York residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among New York borrowers aged 25 to 34 is $38,292.
- 23.4% of New York residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in New York have an average balance of $15,599.
- Among New York residents aged 35 to 49, 18.9% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in New York have an average balance of $50,063.
Student Debt by Age in North Carolina
North Carolina borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($52,288).
- 20.4% of federal student loan borrowers in North Carolina are aged 50 or older.
- Among federal student loan borrowers in North Carolina aged 62 and older, the average balance is $49,756.
- A slim majority of North Carolina residents with a federal student loan debt balance is 35 to 49 (32.9% of borrowers; 25- to 34-year-olds represent 32.8%).
- Among North Carolina residents aged 35 to 49, 21.4% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in North Carolina have an average balance of $50,055.
- 30.5% of North Carolina residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among North Carolina borrowers aged 25 to 34 is $34,868.
- 18.2%% of North Carolina residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in North Carolina have an average balance of $14,615.
Student Debt by Age in North Dakota
North Dakota borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($40,741).
- 12.7% of federal student loan borrowers in North Dakota are aged 50 or older.
- Among federal student loan borrowers in North Dakota aged 62 and older, the average balance is $38,710.
- The largest age group among North Dakota residents with a federal student loan debt balance is 25 to 34 (36.2% of borrowers).
- 27.2% of North Dakota residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among North Dakota borrowers aged 25 to 34 is $27,500.
- 20.4% of North Dakota residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in North Dakota have an average balance of $13,483.
- Among North Dakota residents aged 35 to 49, 17.9% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in North Dakota have an average balance of $40,293.
Student Debt by Age in Ohio
Ohio borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($47,645).
- 20.7% of federal student loan borrowers in Ohio are aged 50 or older.
- Among federal student loan borrowers in Ohio aged 62 and older, the average balance is $45,579.
- The largest age group among Ohio residents with a federal student loan debt balance is 35 to 49 (34.2% of borrowers).
- Among Ohio residents aged 35 to 49, 27.4% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Ohio have an average balance of $43,447.
- 23.6% of Ohio residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Ohio have an average balance of $14,114.
- 35.0% of Ohio residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Ohio borrowers aged 25 to 34 is $31,452.
Student Debt by Age in Oklahoma
Oklahoma borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($43,979).
- 21.6% of federal student loan borrowers in Oklahoma are aged 50 or older.
- Among federal student loan borrowers in Oklahoma aged 62 and older, the average balance is $39,583.
- The largest age group among Oklahoma residents with a federal student loan debt balance is 35 to 49 (36.8% of borrowers).
- Among Oklahoma residents aged 35 to 49, 23.6% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Oklahoma have an average balance of $39,840.
- 15.1% of Oklahoma residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Oklahoma have an average balance of $12,439.
- 27.9% of Oklahoma residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Oklahoma borrowers aged 25 to 34 is $27,525.
Student Debt by Age in Oregon
Oregon borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($48,587).
- 20.8% of federal student loan borrowers in Oregon are aged 50 or older.
- Among federal student loan borrowers in Oregon aged 62 and older, the average balance is $46,418.
- The largest age group among Oregon residents with a federal student loan debt balance is 35 to 49 (38.7% of borrowers).
- Among Oregon residents aged 35 to 49, 23.0% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Oregon have an average balance of $47,839.
- 15.5% of Oregon residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Oregon have an average balance of $12,121.
- 26.8% of Oregon residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Oregon borrowers aged 25 to 34 is $32,420.
Student Debt by Age in Pennsylvania
Pennsylvania borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($51,360).
- 18.5% of federal student loan borrowers in Pennsylvania are aged 50 or older.
- Among federal student loan borrowers in Pennsylvania aged 62 and older, the average balance is $51,041.
- The largest age group among Pennsylvania residents with a federal student loan debt balance is 25 to 34 (34.1% of borrowers).
- 37.9% of Pennsylvania residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Pennsylvania borrowers aged 25 to 34 is $34,364.
- 28.0% of Pennsylvania residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Pennsylvania have an average balance of $15,341.
- Among Pennsylvania residents aged 35 to 49, 22.2% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Pennsylvania have an average balance of $46,262.
Student Debt by Age in Puerto Rico
Puerto Rico borrowers between the ages of 35 and 49 have the highest average federal student loan balance ($41,746).
- 19.7% of federal student loan borrowers in Puerto Rico are aged 50 or older.
- Among federal student loan borrowers in Puerto Rico aged 50 and older, the average balance is $34,598.
- The largest age group among Puerto Rico residents with a federal student loan debt balance is 35 to 49 (37.6% of borrowers).
- Among Puerto Rico residents aged 35 to 49, 21.1% have federal student loan debt.
- 9.10% of Puerto Rico residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Puerto Rico have an average balance of $12,687.
- 34.7% of Puerto Rico residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Puerto Rico borrowers aged 25 to 34 is $32,732.
Student Debt by Age in Rhode Island
Rhode Island borrowers aged 62 and older have the highest average federal student loan balance ($51,765).
- 16.8% of federal student loan borrowers in Rhode Island are aged 50 or older.
- Among federal student loan borrowers in Rhode Island aged 50 to 61, the average balance is $45,181.
- The largest age group among Rhode Island residents with a federal student loan debt balance is 25 to 34 (36.3% of borrowers).
- 36.0% of Rhode Island residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Rhode Island borrowers aged 25 to 34 is $31,919.
- 23.5% of Rhode Island residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Rhode Island have an average balance of $14,504.
- Among Rhode Island residents aged 35 to 49, 20.8% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Rhode Island have an average balance of $42,009.
Student Debt by Age in South Carolina
South Carolina borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($51,499).
- 20.8% of federal student loan borrowers in South Carolina are aged 50 or older.
- Among federal student loan borrowers in South Carolina aged 62 and older, the average balance is $48.984.
- The largest age group among South Carolina residents with a federal student loan debt balance is 35 to 49 (33.3% of borrowers).
- Among South Carolina residents aged 35 to 49, 25.5% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in South Carolina have an average balance of $49,904.
- 22.3% of South Carolina residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in South Carolina have an average balance of $14,554.
- 35.8% of South Carolina residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among South Carolina borrowers aged 25 to 34 is $34,497.
Student Debt by Age in South Dakota
South Dakota borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($44,094).
- 15.8% of federal student loan borrowers in South Dakota are aged 50 or older.
- Among federal student loan borrowers in South Dakota aged 50 and older, the average balance is $40,351.
- The largest age group among South Dakota residents with a federal student loan debt balance is 25 to 34 (34.3% of borrowers).
- 34.2% of South Dakota residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among South Dakota borrowers aged 25 to 34 is $28,250.
- 27.6% of South Dakota residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in South Dakota have an average balance of $13,420.
- Among South Dakota residents aged 35 to 49, 20.5% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in South Dakota have an average balance of $42,735.
Student Debt by Age in Tennessee
Tennessee borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($49,645).
- 19.8% of federal student loan borrowers in Tennessee are aged 50 or older.
- Among federal student loan borrowers in Tennessee aged 62 and older, the average balance is $45,618.
- The largest age group among Tennessee residents with a federal student loan debt balance is 35 to 49 (34.4% of borrowers).
- Among Tennessee residents aged 35 to 49, 22.4% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Tennessee have an average balance of $46,881.
- 17.1% of Tennessee residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Tennessee have an average balance of $13,864.
- 29.9% of Tennessee residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Tennessee borrowers aged 25 to 34 is $33,513.
Student Debt by Age in Texas
Texas borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($48,225).
- 13.4% of federal student loan borrowers in Texas are aged 50 or older.
- Among federal student loan borrowers in Texas aged 50 and older, the average balance is $44,268.
- The largest age group among Texas residents with a federal student loan debt balance is 35 to 49 (33.8% of borrowers).
- Among Texas residents aged 35 to 49, 20.7% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Texas have an average balance of $43,603.
- 18.9% of Texas residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Texas have an average balance of $12,441.
- 28.5% of Texas residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Texas borrowers aged 25 to 34 is $29,189.
Student Debt by Age in Utah
Utah borrowers aged 62 years and older have the highest average federal student loan balance ($47,273).
- 13.9% of federal student loan borrowers in Utah are aged 50 or older.
- Among federal student loan borrowers in Utah aged 50 to 61, the average balance is $46,769.
- A slim majority of Utah residents with a federal student loan debt balance is 25 to 34 (36.4% of borrowers; those aged 35 to 49 represent 36.3%).
- 21.6% of Utah residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Utah borrowers aged 25 to 34 is $29,035.
- Among Utah residents aged 35 to 49, 16.4% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Utah have an average balance of $46,039.
- 10.1% of Utah residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Utah have an average balance of $10,952.
Student Debt by Age in Vermont
Vermont borrowers aged 62 and older have the highest average federal student loan balance ($58,824).
- 18.7% of federal student loan borrowers in Vermont are aged 50 or older.
- Among federal student loan borrowers in Vermont aged 50 to 61, the average balance is $53,933.
- The largest age group among Vermont residents with a federal student loan debt balance is 25 to 34 (33.3% of borrowers).
- Also, 33.3% of Vermont residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Vermont borrowers aged 25 to 34 is $32,932.
- 20.3% of Vermont residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Vermont have an average balance of $14,286.
- Among Vermont residents aged 35 to 49, 19.1% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Vermont have an average balance of $50,000.
Student Debt by Age in Virginia
Virginia borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($56,740).
- 19.4% of federal student loan borrowers in Virginia are aged 50 or older.
- Among federal student loan borrowers in Virginia aged 62 and older, the average balance is $54,000.
- The largest age group among Virginia residents with a federal student loan debt balance is 25 to 34 (32.9% of borrowers).
- 30.7% of Virginia residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Virginia borrowers aged 25 to 34 is $36,057.
- 19.9% of Virginia residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Virginia have an average balance of $14,582.
- Among Virginia residents aged 35 to 49, 19.9% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Virginia have an average balance of $52,094.
Student Debt by Age in Washington
Washington borrowers between the ages of and have the highest average federal student loan balance ($48,964).
- 19.9% of federal student loan borrowers in Washington are aged 50 or older.
- Among federal student loan borrowers in Washington aged 62 and older, the average balance is $47,314.
- The largest age group among Washington residents with a federal student loan debt balance is 35 to 49 (36.1% of borrowers).
- Among Washington residents aged 35 to 49, 16.8% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Washington have an average balance of $46,674.
- 13.6% of Washington residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Washington have an average balance of $12,240.
- 20.6% of Washington residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Washington borrowers aged 25 to 34 is $31,703.
Student Debt by Age in West Virginia
West Virginia borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($41,212).
- 19.9% of federal student loan borrowers in West Virginia are aged 50 or older.
- Among federal student loan borrowers in West Virginia aged 50 and older, the average balance is $38,710.
- The largest age group among West Virginia residents with a federal student loan debt balance is 35 to 49 (35.5% of borrowers).
- Among West Virginia residents aged 35 to 49, 25.1% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in West Virginia have an average balance of $40,667.
- 19.7% of West Virginia residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in West Virginia have an average balance of $13,531.
- 33.5% of West Virginia residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among West Virginia borrowers aged 25 to 34 is $30,532.
Student Debt by Age in Wisconsin
Wisconsin borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($45,693).
- 16.0% of federal student loan borrowers in Wisconsin are aged 50 or older.
- Among federal student loan borrowers in Wisconsin aged 62 and older, the average balance is $44,109.
- The largest age group among Wisconsin residents with a federal student loan debt balance is 25 to 34 (34.5% of borrowers).
- 32.2% of Wisconsin residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Wisconsin borrowers aged 25 to 34 is $30,287.
- 21.2% of Wisconsin residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Wisconsin have an average balance of $13,690.
- Among Wisconsin residents aged 35 to 49, 21.0% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Wisconsin have an average balance of $41,963.
Student Debt by Age in Wyoming
Wyoming borrowers between the ages of 50 and 61 have the highest average federal student loan balance ($44,000).
- 19.5% of federal student loan borrowers in Wyoming are aged 50 or older.
- Among federal student loan borrowers in Wyoming aged 62 and older, the average balance is $40,625.
- The largest age group among Wyoming residents with a federal student loan debt balance is 35 to 49 (36.7% of borrowers).
- Among Wyoming residents aged 35 to 49, 17.3% have federal student loan debt.
- 35- to 49-year-old federal student loan borrowers in Wyoming have an average balance of $38,806.
- 13.9% of Wyoming residents aged 24 years and younger have federal student loan debt.
- Federal student loan borrowers aged 24 and younger in Wyoming have an average balance of $10,811.
- 22.5% of Wyoming residents aged 25 to 34 have federal student loan debt.
- The average federal student loan balance among Wyoming borrowers aged 25 to 34 is $25,904.