About four - in - ten U.S. households (37 %) headed by an adult younger than 40 currently have some student debt — the highest share on record, with
the median outstanding student debt load standing at about $ 13, ooo.
Not exact matches
Research by financial experts also say that large
student loan payments can significantly hurt a young adult's ability to begin to accumulate wealth: «The
median 2009 net worth for a household without
outstanding student debt was $ 117,700, nearly three times the $ 42,800 worth in a household with
outstanding student debt.»
The
median borrower with
outstanding student loan
debt for his or her own education owed $ 17,000 in 2016.
Obviously
student debtors owe
student debt and others do not, but for the other five types of
debt, differences at the
median in the
outstanding balances are modest.8
The typical or
median amount owed on all
outstanding student loan balances is about $ 13,000 among young households with such
debt.3 This comports closely with other recent
student debt figures.