{"id":93099,"date":"2024-10-05T08:41:57","date_gmt":"2024-10-05T12:41:57","guid":{"rendered":"https:\/\/danielschristian.com\/learning-ecosystems\/?p=93099"},"modified":"2024-10-05T09:08:55","modified_gmt":"2024-10-05T13:08:55","slug":"average-student-loan-debt-educationdata-org","status":"publish","type":"post","link":"https:\/\/danielschristian.com\/learning-ecosystems\/2024\/10\/05\/average-student-loan-debt-educationdata-org\/","title":{"rendered":"Average student loan debt [educationdata.org]"},"content":{"rendered":"<p><a href=\"https:\/\/educationdata.org\/average-student-loan-debt#:~:text=Report%20Highlights.,pay%20off%20their%20student%20loans.\" target=\"_blank\" rel=\"noopener\"><strong>Average Student Loan Debt<\/strong> <\/a>&#8212; from educationdata.org by Melanie Hanson; last updated August 16, 2024<\/p>\n<p><strong>Report Highlights.\u00a0<\/strong><\/p>\n<ul>\n<li><span style=\"color: #800000;\"><strong>The total average student loan debt (including private loan debt) may be as high as\u00a0$40,681.<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>The average federal student loan debt is\u00a0$37,853\u00a0per borrower.<\/strong><\/span><\/li>\n<li>Outstanding private student loan debt totals\u00a0$128.8 billion.<\/li>\n<li>The average student borrows\u00a0over $30,000\u00a0to pursue a bachelor\u2019s degree.<\/li>\n<li>A total of\u00a042.8 million\u00a0borrowers have federal student loan debt.<\/li>\n<li>It may take borrowers close to\u00a020 years\u00a0to pay off their student loans.<\/li>\n<\/ul>\n<p><span style=\"color: #800000;\"><em>From DSC:<\/em><\/span><br \/>\n<span style=\"color: #800000;\">In other words, we are approaching the end of the line in terms of following the status quo within higher education. Institutions of traditional higher education can no longer increase their cost of tuition by significantly more than the rate of inflation. Increasingly, K-12 students (and families) are looking for other pathways and alternatives. Higher ed better stop trying to change around the edges&#8230;they need new, more cost-effective business models as well as being able to be much more responsive in terms of their curricula.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Average Student Loan Debt &#8212; from educationdata.org by Melanie Hanson; last updated August 16, 2024 Report Highlights.\u00a0 The total average student loan debt (including private loan debt) may be as high as\u00a0$40,681. The average federal student loan debt is\u00a0$37,853\u00a0per borrower. Outstanding private student loan debt totals\u00a0$128.8 billion. The average student borrows\u00a0over $30,000\u00a0to pursue a bachelor\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[322,842,61,86,209,115,302,57,159,72,71,36,35,3,7,239,560,279,863,436,480,310,66,321],"tags":[],"class_list":["post-93099","post","type-post","status-publish","format-standard","hentry","category-adjunct-faculty","category-alternatives","category-business-side-of-he","category-change","category-changing-business-models","category-colleges","category-community-colleges","category-cost-of-getting-a-degree","category-dangers-of-the-status-quo","category-daniel-s-christian","category-faculty-staff","category-future-of-higher-education","category-game-changing-environment","category-higher-education","category-learning-ecosystem","category-new-business-models","category-parents-guardians","category-participation","category-pathways","category-reinvent","category-society","category-staying-relevant","category-student-related","category-united-states"],"_links":{"self":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/93099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=93099"}],"version-history":[{"count":6,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/93099\/revisions"}],"predecessor-version":[{"id":93112,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/93099\/revisions\/93112"}],"wp:attachment":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=93099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=93099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=93099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}