September 07, 2026 September 07, 2026 / Chris Fountain
off to take Biff's and penelope's examinations
"AI has destroyed Kenyan jobs because American college students no longer hire them to write fake college essays" is not a framing I expected even the NYT to have pic.twitter.com/7DlifkjLE2 — Trevor McKendrick (@TrevMcKendrick) September 7, 2026
AI Overview
Total outstanding student loan debt in the United States is approximately $1.86 trillion.
Education Data Initiative
Breakdown of the Debt Federal Student Loans: About $1.72 trillion, which makes up roughly 91% of all student debt.
Private Student Loans: About $138.8 billion to $166 billion, which makes up the remaining 7% to 9%.
Total Borrowers: Roughly 42.6 million Americans hold federal student loan debt.
Average Balance: September 07, 2026 / Chris Fountain /
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