How much student debt is there?

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Student loan debt is one of the most pressing issues for many students across the country. The average student loan debt, typical student loan payments, and other markers can indicate how severe the loan debt crisis is. Over half of American students leave college with student loan debt. Alternative methods of financial aid such as scholarships become more and more important for struggling students. Understanding the student loan debt crisis can help students budget for the future and explore scholarships as a form of financial aid.

College costs continue to rise over the last few decades, increasing the demand for financial aid programs. Scholarships are a form of free money that does not need to be repaid, unlike a loan. Sign up today to make a free account with and gain access to hundreds of exclusive online scholarships.