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U.S. Student loan debt statistics you should know in 2023

Credit Corp

MARCH 21, 2023

Year (Q4) Direct loans (in millions) Federal Family Education Loans (FFEL) (in millions) Perkins loans (in millions) Total (in millions) 2018 34.2 Department of Education As you can see, more people are accumulating different types of federal student loans, with a one-and-a-half percent increase in recipients between 2018 and 2022.

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