Student Loan Debt Reaches $1.86 Trillion, Up $55.6 Billion From A Year Ago

Podcast: The College Investor Audio Show · The College Investor

Opublikowano: 2026-09-26

The Federal Reserve’s G.19 consumer credit release published September 8 put outstanding student loan debt at $1,858.2 billion at the end of the second quarter of 2026. That is up $55.6 billion from $1,802.6 billion a year earlier, a 3.1% increase. This is also the first time the national student loan balance has gone above $1.85 trillion. Total consumer credit grew at a 4.2% seasonally adjusted annual rate in July to $5.19 trillion. Federally held consumer credit (Direct Loans, Perkins, and Ed-held FFEL) was $1,605.6 billion, roughly flat since March, even as millions of borrowers move onto new repayment plans. It’s important to reme...