{
  "title": "Student Loan Debt Statistics 2026",
  "description": "Normalized public statistics and source metadata used for the Tate Esq student loan debt statistics report.",
  "canonicalUrl": "https://www.tateesq.com/student-loan-debt-statistics",
  "researchDate": "2026-06-28",
  "lastUpdated": "2026-06-30",
  "downloads": {
    "csv": "/downloads/student-loan-debt-statistics-2026.csv",
    "json": "/downloads/student-loan-debt-statistics-2026.json",
    "label": "Download current public dataset",
    "note": "CSV and JSON include the current 2026 figures plus clearly labeled context rows. Source-only rows retained in the local module are omitted from the public page sections and downloads."
  },
  "rowCount": 41,
  "excludedRowCount": 4,
  "methodology": {
    "title": "Methodology and citation notes",
    "paragraphs": [
      "This page separates source-of-record datasets instead of blending them into one headline. FSA administrative tables, the Federal Reserve G.19 release, and the NY Fed household-debt series use different universes and should be cited for different questions.",
      "The CSV and JSON files are generated from the same local data module that renders this page. They include the current 2026 figures plus clearly labeled context rows; source-only rows retained for audit traceability are excluded from the public page sections and downloads.",
      "Rows marked contextual are useful background, but they are not interchangeable with FSA administrative portfolio totals. Source, period, and caveat fields should travel with each number.",
      "LoanBrain and client data were not used. This is a public-source statistics page, not a client-data analysis."
    ]
  },
  "sources": [
    {
      "id": "FSA-PORTFOLIO-SUMMARY",
      "name": "Federal Student Aid Data Center portfolio summary",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfolioSummary.xls"
    },
    {
      "id": "FED-G19",
      "name": "Federal Reserve G.19 consumer credit release",
      "publisher": "Board of Governors of the Federal Reserve System",
      "url": "https://www.federalreserve.gov/releases/g19/current/"
    },
    {
      "id": "NYFED-HHDC-2026Q1",
      "name": "Quarterly Report on Household Debt and Credit, 2026 Q1",
      "publisher": "Federal Reserve Bank of New York",
      "url": "https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/xls/HHD_C_Report_2026Q1.xlsx"
    },
    {
      "id": "FSA-LOAN-TYPE",
      "name": "Federal student loan portfolio by loan type",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanType.xls"
    },
    {
      "id": "FSA-LOAN-STATUS",
      "name": "Federal student loan portfolio by loan status",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanStatus.xls"
    },
    {
      "id": "FSA-DELINQUENCY",
      "name": "Direct Loan portfolio by delinquency status",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyDelinquencyStatus.xls"
    },
    {
      "id": "FSA-REPAYMENT-PLAN",
      "name": "Direct Loan portfolio by repayment plan",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyRepaymentPlan.xls"
    },
    {
      "id": "FSA-AGE",
      "name": "Federal student loan portfolio by borrower age",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Age.xls"
    },
    {
      "id": "FSA-DEBT-SIZE",
      "name": "Federal student loan portfolio by debt size",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Debt-Size.xls"
    },
    {
      "id": "FSA-LOCATION",
      "name": "Federal student loan portfolio by borrower location",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Location.xls"
    },
    {
      "id": "FSA-DEFAULT-LOCATION",
      "name": "Defaulted Direct and ED-held FFEL portfolio by location",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/default-by-location.xls"
    },
    {
      "id": "ENTERVAL-Q3-2025",
      "name": "Private Student Loan Semi-Annual Report, Q3 2025",
      "publisher": "Enterval Analytics",
      "url": "https://www.enterval.com/media/files/enterval/psl/enterval-private-student-loan-semi-annual-report-q3-2025.pdf?v=20260124T000840"
    },
    {
      "id": "COLLEGEBOARD-2025",
      "name": "Trends in Student Aid 2025",
      "publisher": "College Board",
      "url": "https://research.collegeboard.org/trends/student-aid"
    },
    {
      "id": "FED-SHED-2026",
      "name": "Economic Well-Being of U.S. Households in 2025",
      "publisher": "Board of Governors of the Federal Reserve System",
      "url": "https://www.federalreserve.gov/publications/2026-economic-well-being-of-us-households-in-2025-credit.htm"
    },
    {
      "id": "NYFED-LIBERTY-DELINQUENCY-2025",
      "name": "Student loan delinquencies and credit scores",
      "publisher": "Federal Reserve Bank of New York Liberty Street Economics",
      "url": "https://libertystreeteconomics.newyorkfed.org/2025/05/student-loan-delinquencies-are-back-and-credit-scores-take-a-tumble/"
    },
    {
      "id": "NYFED-LIBERTY-DEFAULTS-2026",
      "name": "Federal student loan defaults return after the pandemic pause",
      "publisher": "Federal Reserve Bank of New York Liberty Street Economics",
      "url": "https://libertystreeteconomics.newyorkfed.org/2026/05/federal-student-loan-defaults-return-after-pandemic-pause/"
    },
    {
      "id": "FSA-PSLF-COMBINED",
      "name": "PSLF combined report",
      "publisher": "U.S. Department of Education, Federal Student Aid",
      "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/pslf-combined-report.xlsx"
    }
  ],
  "rows": [
    {
      "id": "fsa-portfolio-summary-total-federal-student-loan-portfolio-1",
      "sourceId": "FSA-PORTFOLIO-SUMMARY",
      "category": "Federal portfolio",
      "stat": "total federal student loan portfolio",
      "displayLabel": "total federal student loan portfolio",
      "displayValue": "$1.724T; 42.6M unduplicated recipients",
      "rawValue": 1723900000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2, quarter ended Mar. 31, 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfolioSummary.xls",
      "sourceName": "Federal Student Aid Data Center portfolio summary",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "FSA reports 42.6M unduplicated recipients, a student-benefited count that is not always the same as unique borrowers.",
      "methodologyNotes": "FSA administrative NSLDS portfolio workbook; latest official quarter found during June 28, 2026 research pass.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "FSA reports 42.6M unduplicated recipients, a student-benefited count that is not always the same as unique borrowers."
    },
    {
      "id": "fed-g19-fed-board-student-loan-memo-item-2",
      "sourceId": "FED-G19",
      "category": "Broad series",
      "stat": "Fed Board student-loan memo item",
      "displayLabel": "Federal Reserve G.19 broad student-loan series",
      "displayValue": "$1.866T",
      "rawValue": 1865800000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "2026 Q1 / March 2026",
      "sourceUrl": "https://www.federalreserve.gov/releases/g19/current/",
      "sourceName": "Federal Reserve G.19 consumer credit release",
      "sourcePublisher": "Board of Governors of the Federal Reserve System",
      "caveat": "Broader Federal Reserve series with a different universe than FSA's federal portfolio; do not add it to the FSA number.",
      "methodologyNotes": "Federal Reserve Board G.19 consumer credit release; student loans are a quarterly memo item with a broader universe than FSA's federal portfolio.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Broader Federal Reserve series with a different universe than FSA's federal portfolio; do not add it to the FSA number."
    },
    {
      "id": "nyfed-hhdc-2026q1-student-loan-balance-3",
      "sourceId": "NYFED-HHDC-2026Q1",
      "category": "Household debt",
      "stat": "student-loan balance",
      "displayLabel": "NY Fed household student-loan balance",
      "displayValue": "$1.658T",
      "rawValue": 1658000000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "2026 Q1",
      "sourceUrl": "https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/xls/HHD_C_Report_2026Q1.xlsx",
      "sourceName": "Quarterly Report on Household Debt and Credit, 2026 Q1",
      "sourcePublisher": "Federal Reserve Bank of New York",
      "caveat": "Do not use as the federal total; this is student debt held by households in NY Fed household-debt data.",
      "methodologyNotes": "Credit-panel household debt workbook; not the same universe as FSA administrative loan records.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Do not use as the federal total; this is student debt held by households in NY Fed household-debt data."
    },
    {
      "id": "nyfed-hhdc-2026q1-total-household-debt-4",
      "sourceId": "NYFED-HHDC-2026Q1",
      "category": "Household debt",
      "stat": "total household debt",
      "displayLabel": "total household debt",
      "displayValue": "$18.794T",
      "rawValue": 18794000000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "2026 Q1",
      "sourceUrl": "https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/xls/HHD_C_Report_2026Q1.xlsx",
      "sourceName": "Quarterly Report on Household Debt and Credit, 2026 Q1",
      "sourcePublisher": "Federal Reserve Bank of New York",
      "caveat": "Student loans were 8.82% of total household debt.",
      "methodologyNotes": "Credit-panel household debt workbook; supports share-of-household-debt calculations.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Student loans were 8.82% of total household debt."
    },
    {
      "id": "nyfed-hhdc-2026q1-student-loan-balance-90-days-delinquent-5",
      "sourceId": "NYFED-HHDC-2026Q1",
      "category": "Delinquency",
      "stat": "student-loan balance 90+ days delinquent",
      "displayLabel": "student-loan balance 90+ days delinquent",
      "displayValue": "10.34%",
      "rawValue": 10.34,
      "unit": "percent",
      "geography": "United States",
      "period": "2026 Q1",
      "sourceUrl": "https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/xls/HHD_C_Report_2026Q1.xlsx",
      "sourceName": "Quarterly Report on Household Debt and Credit, 2026 Q1",
      "sourcePublisher": "Federal Reserve Bank of New York",
      "caveat": "Compare all debt 3.36%, auto 5.60%, credit card 13.12%, mortgage 1.09%.",
      "methodologyNotes": "Credit-panel delinquency-by-balance measure from NY Fed workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Compare all debt 3.36%, auto 5.60%, credit card 13.12%, mortgage 1.09%."
    },
    {
      "id": "fsa-loan-type-stafford-combined-6",
      "sourceId": "FSA-LOAN-TYPE",
      "category": "Loan type",
      "stat": "Stafford combined",
      "displayLabel": "Stafford combined",
      "displayValue": "$943.2B; 35.1M unique recipients",
      "rawValue": 943200000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanType.xls",
      "sourceName": "Federal student loan portfolio by loan type",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Recipient counts may duplicate across loan types.",
      "methodologyNotes": "FSA administrative loan-type workbook; balances are outstanding principal plus interest.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Recipient counts may duplicate across loan types."
    },
    {
      "id": "fsa-loan-type-consolidation-loans-7",
      "sourceId": "FSA-LOAN-TYPE",
      "category": "Loan type",
      "stat": "Consolidation loans",
      "displayLabel": "Consolidation loans",
      "displayValue": "$529.7B; 9.1M recipients",
      "rawValue": 529700000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanType.xls",
      "sourceName": "Federal student loan portfolio by loan type",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Recipient counts may duplicate across loan types.",
      "methodologyNotes": "FSA administrative loan-type workbook; balances are outstanding principal plus interest.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Recipient counts may duplicate across loan types."
    },
    {
      "id": "fsa-loan-type-grad-plus-8",
      "sourceId": "FSA-LOAN-TYPE",
      "category": "Loan type",
      "stat": "Grad PLUS",
      "displayLabel": "Grad PLUS",
      "displayValue": "$130.3B; 1.9M recipients",
      "rawValue": 130300000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanType.xls",
      "sourceName": "Federal student loan portfolio by loan type",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Implied average roughly $68,579 per recipient.",
      "methodologyNotes": "FSA administrative loan-type workbook; recipients are loan recipients, not necessarily unique borrowers across all loan types.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Implied average roughly $68,579 per recipient."
    },
    {
      "id": "fsa-loan-type-parent-plus-9",
      "sourceId": "FSA-LOAN-TYPE",
      "category": "Loan type",
      "stat": "Parent PLUS",
      "displayLabel": "Parent PLUS",
      "displayValue": "$117.9B; 3.5M recipients",
      "rawValue": 117900000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanType.xls",
      "sourceName": "Federal student loan portfolio by loan type",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Parent is borrower; child is recipient.",
      "methodologyNotes": "FSA administrative loan-type workbook; Parent PLUS requires borrower-versus-recipient explanation.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Parent is borrower; child is recipient."
    },
    {
      "id": "fsa-loan-type-perkins-loans-10",
      "sourceId": "FSA-LOAN-TYPE",
      "category": "Loan type",
      "stat": "Perkins loans",
      "displayLabel": "Perkins loans",
      "displayValue": "$2.7B; 0.8M recipients",
      "rawValue": 2700000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanType.xls",
      "sourceName": "Federal student loan portfolio by loan type",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Recipient counts may duplicate across loan types.",
      "methodologyNotes": "FSA administrative loan-type workbook; balances are outstanding principal plus interest.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Recipient counts may duplicate across loan types."
    },
    {
      "id": "fsa-loan-status-federally-managed-repayment-11",
      "sourceId": "FSA-LOAN-STATUS",
      "category": "Loan status",
      "stat": "federally managed repayment",
      "displayLabel": "federally managed repayment",
      "displayValue": "$632.8B; 17.2M recipients",
      "rawValue": 632800000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanStatus.xls",
      "sourceName": "Federal student loan portfolio by loan status",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Federally managed means Direct plus ED-held FFEL.",
      "methodologyNotes": "FSA administrative loan-status workbook; status categories are snapshots for the quarter.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Federally managed means Direct plus ED-held FFEL."
    },
    {
      "id": "fsa-loan-status-federally-managed-forbearance-12",
      "sourceId": "FSA-LOAN-STATUS",
      "category": "Loan status",
      "stat": "federally managed forbearance",
      "displayLabel": "federally managed forbearance",
      "displayValue": "$484.6B; 8.4M recipients",
      "rawValue": 484600000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanStatus.xls",
      "sourceName": "Federal student loan portfolio by loan status",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Major post-pause status bucket.",
      "methodologyNotes": "FSA administrative loan-status workbook; interpret against CARES Act pause, on-ramp, and SAVE-related forbearance context.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Major post-pause status bucket."
    },
    {
      "id": "fsa-loan-status-federally-managed-cumulative-default-13",
      "sourceId": "FSA-LOAN-STATUS",
      "category": "Loan status",
      "stat": "federally managed cumulative default",
      "displayLabel": "federally managed cumulative default",
      "displayValue": "$220.3B; 9.0M recipients",
      "rawValue": 220300000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfoliobyLoanStatus.xls",
      "sourceName": "Federal student loan portfolio by loan status",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Default defined in FSA notes as more than 360 days delinquent.",
      "methodologyNotes": "FSA administrative loan-status workbook; cumulative default is separate from delinquency table.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Default defined in FSA notes as more than 360 days delinquent."
    },
    {
      "id": "fsa-delinquency-federally-managed-31-delinquent-or-transferring-to-dmcs-14",
      "sourceId": "FSA-DELINQUENCY",
      "category": "Delinquency",
      "stat": "federally managed 31+ delinquent or transferring to DMCS",
      "displayLabel": "federally managed loans 31+ days delinquent or moving to default collections",
      "displayValue": "$98.0B; 3.54M recipients",
      "rawValue": 98000000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyDelinquencyStatus.xls",
      "sourceName": "Direct Loan portfolio by delinquency status",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Only borrowers in repayment status; excludes deferment, forbearance, in-school, grace, already-defaulted loans.",
      "methodologyNotes": "Derived sum from FSA delinquency workbook categories 31-90, 91-180, 181-270, 271-360, and transferring to DMCS.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Only borrowers in repayment status; excludes deferment, forbearance, in-school, grace, already-defaulted loans."
    },
    {
      "id": "fsa-repayment-plan-direct-loan-save-15",
      "sourceId": "FSA-REPAYMENT-PLAN",
      "category": "Repayment plans",
      "stat": "Direct Loan SAVE",
      "displayLabel": "Direct Loan SAVE",
      "displayValue": "$383.0B; 6.99M recipients",
      "rawValue": 383000000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyRepaymentPlan.xls",
      "sourceName": "Direct Loan portfolio by repayment plan",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance.",
      "methodologyNotes": "FSA administrative repayment-plan workbook; SAVE is a plan category in the Direct Loan sheet.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance."
    },
    {
      "id": "fsa-repayment-plan-direct-loan-idr-save-categories-16",
      "sourceId": "FSA-REPAYMENT-PLAN",
      "category": "Repayment plans",
      "stat": "Direct Loan IDR/SAVE categories",
      "displayLabel": "Direct Loan income-driven repayment categories",
      "displayValue": "$763.8B; 12.74M recipients",
      "rawValue": 763800000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyRepaymentPlan.xls",
      "sourceName": "Direct Loan portfolio by repayment plan",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Sum of ICR, IBR, PAYE, SAVE on Direct Loan sheet.",
      "methodologyNotes": "Derived sum from FSA Direct Loan repayment-plan workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Sum of ICR, IBR, PAYE, SAVE on Direct Loan sheet."
    },
    {
      "id": "fsa-repayment-plan-direct-loan-income-based-repayment-17",
      "sourceId": "FSA-REPAYMENT-PLAN",
      "category": "Repayment plans",
      "stat": "Direct Loan Income-Based Repayment",
      "displayLabel": "Direct Loan Income-Based Repayment",
      "displayValue": "$197.0B; 2.92M recipients",
      "rawValue": 197000000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyRepaymentPlan.xls",
      "sourceName": "Direct Loan portfolio by repayment plan",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance.",
      "methodologyNotes": "FSA administrative repayment-plan workbook; Income-Based Repayment is a Direct Loan plan category.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance."
    },
    {
      "id": "fsa-repayment-plan-direct-loan-pay-as-you-earn-18",
      "sourceId": "FSA-REPAYMENT-PLAN",
      "category": "Repayment plans",
      "stat": "Direct Loan Pay As You Earn",
      "displayLabel": "Direct Loan Pay As You Earn",
      "displayValue": "$127.9B; 1.53M recipients",
      "rawValue": 127900000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyRepaymentPlan.xls",
      "sourceName": "Direct Loan portfolio by repayment plan",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance.",
      "methodologyNotes": "FSA administrative repayment-plan workbook; Pay As You Earn is a Direct Loan plan category.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance."
    },
    {
      "id": "fsa-repayment-plan-direct-loan-income-contingent-repayment-19",
      "sourceId": "FSA-REPAYMENT-PLAN",
      "category": "Repayment plans",
      "stat": "Direct Loan Income-Contingent Repayment",
      "displayLabel": "Direct Loan Income-Contingent Repayment",
      "displayValue": "$55.9B; 1.30M recipients",
      "rawValue": 55900000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/DLPortfoliobyRepaymentPlan.xls",
      "sourceName": "Direct Loan portfolio by repayment plan",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance.",
      "methodologyNotes": "FSA administrative repayment-plan workbook; Income-Contingent Repayment is a Direct Loan plan category.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Plan data includes Direct Loan borrowers in repayment, deferment, and forbearance."
    },
    {
      "id": "fsa-age-borrowers-50-and-older-owe-21",
      "sourceId": "FSA-AGE",
      "category": "Age",
      "stat": "borrowers 50 and older owe",
      "displayLabel": "borrowers 50 and older owe",
      "displayValue": "$456.5B",
      "rawValue": 456500000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Age.xls",
      "sourceName": "Federal student loan portfolio by borrower age",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Sum of 50-61 and 62+ borrower-age buckets.",
      "methodologyNotes": "Derived sum from FSA borrower-age workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Sum of 50-61 and 62+ borrower-age buckets."
    },
    {
      "id": "fsa-age-borrowers-62-and-older-22",
      "sourceId": "FSA-AGE",
      "category": "Age",
      "stat": "borrowers 62 and older",
      "displayLabel": "borrowers 62 and older",
      "displayValue": "$143.7B; 3.2M borrowers",
      "rawValue": 143700000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Age.xls",
      "sourceName": "Federal student loan portfolio by borrower age",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Federal borrower-age table, open loan status.",
      "methodologyNotes": "FSA administrative borrower-age workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Federal borrower-age table, open loan status."
    },
    {
      "id": "fsa-age-largest-age-balance-bucket-23",
      "sourceId": "FSA-AGE",
      "category": "Age",
      "stat": "largest age balance bucket",
      "displayLabel": "largest age balance bucket",
      "displayValue": "35-49: $685.1B; 15.0M borrowers",
      "rawValue": 685100000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Age.xls",
      "sourceName": "Federal student loan portfolio by borrower age",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Largest balance bucket by age.",
      "methodologyNotes": "FSA administrative borrower-age workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Largest balance bucket by age."
    },
    {
      "id": "fsa-debt-size-borrowers-under-20k-24",
      "sourceId": "FSA-DEBT-SIZE",
      "category": "Debt size",
      "stat": "borrowers under $20K",
      "displayLabel": "borrowers under $20K",
      "displayValue": "23.3M borrowers; $203.9B",
      "rawValue": 23300000,
      "unit": "borrowers",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Debt-Size.xls",
      "sourceName": "Federal student loan portfolio by debt size",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "52.0% of borrowers but 12.0% of dollars.",
      "methodologyNotes": "Derived grouping from FSA debt-size workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "52.0% of borrowers but 12.0% of dollars."
    },
    {
      "id": "fsa-debt-size-borrowers-at-100k-25",
      "sourceId": "FSA-DEBT-SIZE",
      "category": "Debt size",
      "stat": "borrowers at $100K+",
      "displayLabel": "borrowers at $100K+",
      "displayValue": "3.8M borrowers; $710.1B",
      "rawValue": 3800000,
      "unit": "borrowers",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Debt-Size.xls",
      "sourceName": "Federal student loan portfolio by debt size",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "8.5% of borrowers but 41.9% of dollars.",
      "methodologyNotes": "Derived grouping from FSA debt-size workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "8.5% of borrowers but 41.9% of dollars."
    },
    {
      "id": "fsa-debt-size-borrowers-at-200k-26",
      "sourceId": "FSA-DEBT-SIZE",
      "category": "Debt size",
      "stat": "borrowers at $200K+",
      "displayLabel": "borrowers at $200K+",
      "displayValue": "1.2M borrowers; $355.8B",
      "rawValue": 1200000,
      "unit": "borrowers",
      "geography": "United States",
      "period": "FY2026 Q2",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Debt-Size.xls",
      "sourceName": "Federal student loan portfolio by debt size",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "2.7% of borrowers but 21.0% of dollars.",
      "methodologyNotes": "FSA debt-size workbook.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "2.7% of borrowers but 21.0% of dollars."
    },
    {
      "id": "fsa-location-california-federal-student-loan-balance-27",
      "sourceId": "FSA-LOCATION",
      "category": "Geography",
      "stat": "California federal student-loan balance",
      "displayLabel": "California federal student-loan balance",
      "displayValue": "$156.7B; 3.92M borrowers",
      "rawValue": 156700000000,
      "unit": "dollars",
      "geography": "California",
      "period": "Data as of Mar. 31, 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Location.xls",
      "sourceName": "Federal student loan portfolio by borrower location",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Borrower location reported by servicer.",
      "methodologyNotes": "FSA borrower-location workbook; includes Other and Not Reported categories outside state rankings.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Borrower location reported by servicer."
    },
    {
      "id": "fsa-location-texas-federal-student-loan-balance-28",
      "sourceId": "FSA-LOCATION",
      "category": "Geography",
      "stat": "Texas federal student-loan balance",
      "displayLabel": "Texas federal student-loan balance",
      "displayValue": "$138.3B; 3.95M borrowers",
      "rawValue": 138300000000,
      "unit": "dollars",
      "geography": "Texas",
      "period": "Data as of Mar. 31, 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Location.xls",
      "sourceName": "Federal student loan portfolio by borrower location",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Texas has slightly more borrowers than California but lower total balance.",
      "methodologyNotes": "FSA borrower-location workbook; includes Other and Not Reported categories outside state rankings.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Texas has slightly more borrowers than California but lower total balance."
    },
    {
      "id": "fsa-location-florida-federal-student-loan-balance-29",
      "sourceId": "FSA-LOCATION",
      "category": "Geography",
      "stat": "Florida federal student-loan balance",
      "displayLabel": "Florida federal student-loan balance",
      "displayValue": "$113.1B; 2.75M borrowers",
      "rawValue": 113100000000,
      "unit": "dollars",
      "geography": "Florida",
      "period": "Data as of Mar. 31, 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Location.xls",
      "sourceName": "Federal student loan portfolio by borrower location",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Borrower location reported by servicer.",
      "methodologyNotes": "FSA borrower-location workbook; includes Other and Not Reported categories outside state rankings.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Borrower location reported by servicer."
    },
    {
      "id": "fsa-location-new-york-federal-student-loan-balance-30",
      "sourceId": "FSA-LOCATION",
      "category": "Geography",
      "stat": "New York federal student-loan balance",
      "displayLabel": "New York federal student-loan balance",
      "displayValue": "$99.9B; 2.46M borrowers",
      "rawValue": 99900000000,
      "unit": "dollars",
      "geography": "New York",
      "period": "Data as of Mar. 31, 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Location.xls",
      "sourceName": "Federal student loan portfolio by borrower location",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Borrower location reported by servicer.",
      "methodologyNotes": "FSA borrower-location workbook; includes Other and Not Reported categories outside state rankings.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Borrower location reported by servicer."
    },
    {
      "id": "fsa-location-georgia-federal-student-loan-balance-31",
      "sourceId": "FSA-LOCATION",
      "category": "Geography",
      "stat": "Georgia federal student-loan balance",
      "displayLabel": "Georgia federal student-loan balance",
      "displayValue": "$74.6B; 1.70M borrowers",
      "rawValue": 74600000000,
      "unit": "dollars",
      "geography": "Georgia",
      "period": "Data as of Mar. 31, 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/Portfolio-by-Location.xls",
      "sourceName": "Federal student loan portfolio by borrower location",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Borrower location reported by servicer.",
      "methodologyNotes": "FSA borrower-location workbook; includes Other and Not Reported categories outside state rankings.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Borrower location reported by servicer."
    },
    {
      "id": "fsa-default-location-defaulted-direct-and-ed-held-ffel-portfolio-32",
      "sourceId": "FSA-DEFAULT-LOCATION",
      "category": "Default",
      "stat": "defaulted Direct and ED-held FFEL portfolio",
      "displayLabel": "defaulted federal portfolio by location",
      "displayValue": "$218.8B; 9.01M borrowers",
      "rawValue": 218784000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "March 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/default-by-location.xls",
      "sourceName": "Defaulted Direct and ED-held FFEL portfolio by location",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Totals may differ from loan-status reports due to system and timing differences.",
      "methodologyNotes": "FSA default-by-location workbook; state-level defaulted Direct and ED-held FFEL borrowers.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Totals may differ from loan-status reports due to system and timing differences."
    },
    {
      "id": "enterval-q3-2025-private-student-loans-outstanding-33",
      "sourceId": "ENTERVAL-Q3-2025",
      "category": "Private loans",
      "stat": "private student loans outstanding",
      "displayLabel": "private student loans outstanding",
      "displayValue": "$140.4B; 7.66% of total",
      "rawValue": 140380000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "2025 Q3",
      "sourceUrl": "https://www.enterval.com/media/files/enterval/psl/enterval-private-student-loan-semi-annual-report-q3-2025.pdf?v=20260124T000840",
      "sourceName": "Private Student Loan Semi-Annual Report, Q3 2025",
      "sourcePublisher": "Enterval Analytics",
      "caveat": "Trade/industry source, not government data.",
      "methodologyNotes": "Enterval private student-loan semiannual report; industry methodology, not FSA/Fed administrative series.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Trade/industry source, not government data."
    },
    {
      "id": "enterval-q3-2025-private-originations-34",
      "sourceId": "ENTERVAL-Q3-2025",
      "category": "Private loans",
      "stat": "private originations",
      "displayLabel": "private originations",
      "displayValue": "$4.5B first quarter AY2025-26; $10.8B AY2024-25 total",
      "rawValue": 4530000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "2025 Q3 / AY2024-25",
      "sourceUrl": "https://www.enterval.com/media/files/enterval/psl/enterval-private-student-loan-semi-annual-report-q3-2025.pdf?v=20260124T000840",
      "sourceName": "Private Student Loan Semi-Annual Report, Q3 2025",
      "sourcePublisher": "Enterval Analytics",
      "caveat": "Origination/flow data, not outstanding balances.",
      "methodologyNotes": "Enterval private student-loan semiannual report; annual-flow metric.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Origination/flow data, not outstanding balances."
    },
    {
      "id": "collegeboard-2025-total-federal-student-loan-originations-35",
      "sourceId": "COLLEGEBOARD-2025",
      "category": "Annual borrowing",
      "stat": "total federal student-loan originations",
      "displayLabel": "total federal student-loan originations",
      "displayValue": "$88.7B",
      "rawValue": 88690800000,
      "unit": "dollars",
      "geography": "United States",
      "period": "2024-25 academic year",
      "sourceUrl": "https://research.collegeboard.org/trends/student-aid",
      "sourceName": "Trends in Student Aid 2025",
      "sourcePublisher": "College Board",
      "caveat": "Annual borrowing/aid-flow data, not outstanding debt.",
      "methodologyNotes": "College Board Trends in Student Aid Excel table SA-2; current dollars.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Annual borrowing/aid-flow data, not outstanding debt."
    },
    {
      "id": "collegeboard-2025-total-nonfederal-loan-originations-36",
      "sourceId": "COLLEGEBOARD-2025",
      "category": "Annual borrowing",
      "stat": "total nonfederal loan originations",
      "displayLabel": "total nonfederal loan originations",
      "displayValue": "$13.9B",
      "rawValue": 13900000000,
      "unit": "dollars",
      "geography": "United States",
      "period": "2024-25 academic year",
      "sourceUrl": "https://research.collegeboard.org/trends/student-aid",
      "sourceName": "Trends in Student Aid 2025",
      "sourcePublisher": "College Board",
      "caveat": "Annual borrowing/aid-flow data, not outstanding debt.",
      "methodologyNotes": "College Board Trends in Student Aid Excel table SA-2; current dollars.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Annual borrowing/aid-flow data, not outstanding debt."
    },
    {
      "id": "fed-shed-2026-adults-with-outstanding-student-loans-37",
      "sourceId": "FED-SHED-2026",
      "category": "Borrower experience",
      "stat": "adults with outstanding student loans",
      "displayLabel": "adults with outstanding student loans",
      "displayValue": "16%",
      "rawValue": 16,
      "unit": "percent",
      "geography": "United States",
      "period": "2025 survey",
      "sourceUrl": "https://www.federalreserve.gov/publications/2026-economic-well-being-of-us-households-in-2025-credit.htm",
      "sourceName": "Economic Well-Being of U.S. Households in 2025",
      "sourcePublisher": "Board of Governors of the Federal Reserve System",
      "caveat": "Among adults who attended at least some college, 21% had outstanding loans.",
      "methodologyNotes": "Federal Reserve SHED survey; adult survey statistic, not administrative borrower count.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Among adults who attended at least some college, 21% had outstanding loans."
    },
    {
      "id": "fed-shed-2026-borrowers-not-required-to-make-payments-38",
      "sourceId": "FED-SHED-2026",
      "category": "Borrower experience",
      "stat": "borrowers not required to make payments",
      "displayLabel": "borrowers not required to make payments",
      "displayValue": "45%",
      "rawValue": 45,
      "unit": "percent",
      "geography": "United States",
      "period": "2025 survey",
      "sourceUrl": "https://www.federalreserve.gov/publications/2026-economic-well-being-of-us-households-in-2025-credit.htm",
      "sourceName": "Economic Well-Being of U.S. Households in 2025",
      "sourcePublisher": "Board of Governors of the Federal Reserve System",
      "caveat": "Survey response at time of survey.",
      "methodologyNotes": "Federal Reserve SHED survey; payment-requirement self-report.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Survey response at time of survey."
    },
    {
      "id": "fed-shed-2026-recent-payment-difficulty-39",
      "sourceId": "FED-SHED-2026",
      "category": "Borrower experience",
      "stat": "recent payment difficulty",
      "displayLabel": "recent payment difficulty",
      "displayValue": "41% of those required to pay; 23% of adults with student-loan debt",
      "rawValue": 41,
      "unit": "percent",
      "geography": "United States",
      "period": "2025 survey",
      "sourceUrl": "https://www.federalreserve.gov/publications/2026-economic-well-being-of-us-households-in-2025-credit.htm",
      "sourceName": "Economic Well-Being of U.S. Households in 2025",
      "sourcePublisher": "Board of Governors of the Federal Reserve System",
      "caveat": "Includes payment difficulty in past 12 months.",
      "methodologyNotes": "Federal Reserve SHED survey; self-reported repayment difficulty.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Includes payment difficulty in past 12 months."
    },
    {
      "id": "nyfed-liberty-delinquency-2025-newly-delinquent-high-score-borrowers-average-score-drop-40",
      "sourceId": "NYFED-LIBERTY-DELINQUENCY-2025",
      "category": "Credit impact",
      "stat": "newly delinquent high-score borrowers average score drop",
      "displayLabel": "newly delinquent high-score borrowers average score drop",
      "displayValue": "177 points",
      "rawValue": 177,
      "unit": "points",
      "geography": "United States",
      "period": "2024 Q4 to 2025 Q1",
      "sourceUrl": "https://libertystreeteconomics.newyorkfed.org/2025/05/student-loan-delinquencies-are-back-and-credit-scores-take-a-tumble/",
      "sourceName": "Student loan delinquencies and credit scores",
      "sourcePublisher": "Federal Reserve Bank of New York Liberty Street Economics",
      "caveat": "Borrowers with scores above 720.",
      "methodologyNotes": "NY Fed Liberty Street Economics analysis of Consumer Credit Panel/Equifax data.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Borrowers with scores above 720."
    },
    {
      "id": "nyfed-liberty-defaults-2026-newly-defaulted-federal-student-loan-borrowers-41",
      "sourceId": "NYFED-LIBERTY-DEFAULTS-2026",
      "category": "Default shock",
      "stat": "newly defaulted federal student-loan borrowers",
      "displayLabel": "newly defaulted federal student-loan borrowers",
      "displayValue": "3.6M",
      "rawValue": 3600000,
      "unit": "borrowers",
      "geography": "United States",
      "period": "2025 Q4 / 2026 Q1",
      "sourceUrl": "https://libertystreeteconomics.newyorkfed.org/2026/05/federal-student-loan-defaults-return-after-pandemic-pause/",
      "sourceName": "Federal student loan defaults return after the pandemic pause",
      "sourcePublisher": "Federal Reserve Bank of New York Liberty Street Economics",
      "caveat": "Average score fell 91 points, from 567 to 476.",
      "methodologyNotes": "NY Fed Liberty Street Economics analysis of default reporting after pandemic pause.",
      "rounding": "",
      "publicDownloadStatus": "include_contextual",
      "publicDownloadLabel": "Contextual data",
      "citationGuardrail": "Average score fell 91 points, from 567 to 476."
    },
    {
      "id": "fsa-pslf-combined-combined-pslf-discharges-42",
      "sourceId": "FSA-PSLF-COMBINED",
      "category": "Forgiveness",
      "stat": "combined PSLF discharges",
      "displayLabel": "combined PSLF discharges",
      "displayValue": "1,254,800 borrowers; $93.4B discharged",
      "rawValue": 1254800,
      "unit": "borrowers",
      "geography": "United States",
      "period": "Cumulative as of Apr-end 2026",
      "sourceUrl": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/pslf-combined-report.xlsx",
      "sourceName": "PSLF combined report",
      "sourcePublisher": "U.S. Department of Education, Federal Student Aid",
      "caveat": "Includes PSLF, TEPSLF, and Limited Waiver discharges.",
      "methodologyNotes": "FSA PSLF combined report workbook; cumulative processed discharges.",
      "rounding": "",
      "publicDownloadStatus": "include",
      "publicDownloadLabel": "Current dataset",
      "citationGuardrail": "Includes PSLF, TEPSLF, and Limited Waiver discharges."
    }
  ]
}