by Michael Ambrose and Evan Cooper
- More than 60 percent of all college students in the United States use student loans
- By the end of the fourth quarter of 2013, outstanding student loans reached $1.2 trillion
- There are approximately 37 million Americans with outstanding student loans
- Of those 37 million, 14 percent have at least one loan payment past due
- 41% of student loan borrowers are delinquent at some point in the first five years after entering repayment
- Statistics via American Student Assistance and the Federal Reserve System