[20190204]IF10158_联邦学生贷款债务概况.pdf

https:/crsreports.congress.gov Updated February 4, 2019A Snapshot of Federal Student Loan DebtCounts of students who borrowed federal student loans, average amounts borrowed, and average cumulative federal student loan debt have all increased substantially in recent years. Expanded repayment flexibilities have allowed borrowers to make smaller payments over extended periods of time. Year after year, more student loan dollars are disbursed than are repaid, resulting in an expanding federal loan portfolio. Nearly 43 million individualsone in six adult Americanshave federal student loan debt, and the federal student loan portfolio now exceeds $1.4 trillion. Annual Borrowing The primary federal student loan programs are authorized under Title IV of the Higher Education Act of 1965 (HEA). U.S. Department of Education (ED) data show that from academic year (AY) 1995-1996 to AY2011-2012, the number of undergraduate students borrowing Title IV loans increased by 124%, from 4.1 million to nearly 9.3 million, while the average annual amount borrowed increased by 71%, from $3,800 to $6,500 (Table 1). In AY2015-2016, undergraduate borrowing of Title IV loans decreased to 7.0 million, but the