Total student loans provided in the U.S. 2023

In the academic year 2002/03, a total of 83.1 billion 2022 U.S. dollars was offered to students across the United States in the form of loans. By 2022/23, this amount had increased to 98.2 billion 2022 U.S. dollars. This amount peaked in 2010/11, when 152.8 billion 2022 U.S. dollars were provided in student loans.

Total amount provided in student loans in the United States from 2002/01 to 2022/23 (in 2022 billion U.S. dollars)

Characteristic	Loans in billion 2022 U.S. dollars
2022/23	98.2
2021/22	104.1
2020/21	109.3
2019/20	119.6
2018/19	121.7
2017/18	125.7
2016/17	129.2
2015/16	131.2
2014/15	133.2
2013/14	139.3
2012/13	142.7
2011/12	150.1
2010/11	152.8
2009/10	147.5
2008/09	133.2
2007/08	128.4
2006/07	118.2
2005/06	112.3
2004/05	106.5
2003/04	95.9
2002/03	83.1

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Release date

October 2023

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Region

United States

Survey time period

2002/2001 to 2022/2023

Supplementary notes

Nonfederal loans include loans to students from states and from institutions, in addition to private loans issued by banks, credit unions, and Sallie Mae. Estimates of institutional and state loan volume are included only for academic years 1999-2000 through 2012-13.

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