Pew Trust
1/4 of Borrowers in Texas Default on Student Loans, Study Finds
The current total debt for student loans has surpassed $1 trillion with the average student borrower in 2017 holding more than $30,000 in student loan debt. As of March 2019, more than 43 million American had student loans. According to a recent study by Pew Trusts, one-fourth of those borrowing default on their loans within five years of entering repayment.
