Average Student Loan Debt By Year (Graduating Class)

The amount of student loan debt in the United States continues to grow - with over $1.8 trillion in student loans outstanding. This includes both Federal and private loans. Almost 43 million Americans currently have student loan debt.

The stats around student loan debt are scary, but how do you compare? We've broken down millennial net worth by age - and today we're tackling average student loan debt by age - or rather by the year you graduated college.

While we would ideally like to hypothesize how much debt you have by age, that's near impossible. But luckily we've been able to compile statistics by the average student loan debt amounts by the year you graduated college.

Even though total student loan debt has declined for the first time ever (due to the various loan forgiveness programs that have been happening), New graduates still had to borrow to pay for school - and current college students are borrowing student loans right now. It's impossible to break the student loan debt cycle until the cost of higher education is addressed.