{ "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", "edition": "2026-q2", "reviewed": "2026-08-22", "latestPeriods": { "fsa": "2026-Q2", "g19": "2026-Q2", "nyfed": "2026-Q2" }, "metrics": [ { "id": "balance", "label": "Federal balance", "unit": "usd", "sourceId": "fsa-location" }, { "id": "borrowers", "label": "Borrowers", "unit": "count", "sourceId": "fsa-location" }, { "id": "avg-balance", "label": "Balance per borrower", "unit": "usd-per-borrower", "sourceId": "fsa-location", "derived": true, "formula": "state balance divided by state borrower count" } ], "geographies": [ { "usps": "AL", "fips": "01", "name": "Alabama", "kind": "state", "balance": 26000000000, "borrowers": 664000, "averageBalance": 39157 }, { "usps": "AK", "fips": "02", "name": "Alaska", "kind": "state", "balance": 2400000000, "borrowers": 64500, "averageBalance": 37209 }, { "usps": "AZ", "fips": "04", "name": "Arizona", "kind": "state", "balance": 34000000000, "borrowers": 916100, "averageBalance": 37114 }, { "usps": "AR", "fips": "05", "name": "Arkansas", "kind": "state", "balance": 14500000000, "borrowers": 408400, "averageBalance": 35504 }, { "usps": "CA", "fips": "06", "name": "California", "kind": "state", "balance": 156700000000, "borrowers": 3919500, "averageBalance": 39980 }, { "usps": "CO", "fips": "08", "name": "Colorado", "kind": "state", "balance": 29700000000, "borrowers": 764600, "averageBalance": 38844 }, { "usps": "CT", "fips": "09", "name": "Connecticut", "kind": "state", "balance": 19800000000, "borrowers": 515400, "averageBalance": 38417 }, { "usps": "DE", "fips": "10", "name": "Delaware", "kind": "state", "balance": 5600000000, "borrowers": 137800, "averageBalance": 40639 }, { "usps": "DC", "fips": "11", "name": "District of Columbia", "kind": "district", "balance": 6400000000, "borrowers": 114600, "averageBalance": 55846 }, { "usps": "FL", "fips": "12", "name": "Florida", "kind": "state", "balance": 113100000000, "borrowers": 2747700, "averageBalance": 41162 }, { "usps": "GA", "fips": "13", "name": "Georgia", "kind": "state", "balance": 74600000000, "borrowers": 1702700, "averageBalance": 43813 }, { "usps": "HI", "fips": "15", "name": "Hawaii", "kind": "state", "balance": 4900000000, "borrowers": 121000, "averageBalance": 40496 }, { "usps": "ID", "fips": "16", "name": "Idaho", "kind": "state", "balance": 7500000000, "borrowers": 216500, "averageBalance": 34642 }, { "usps": "IL", "fips": "17", "name": "Illinois", "kind": "state", "balance": 65300000000, "borrowers": 1601500, "averageBalance": 40774 }, { "usps": "IN", "fips": "18", "name": "Indiana", "kind": "state", "balance": 31000000000, "borrowers": 898500, "averageBalance": 34502 }, { "usps": "IA", "fips": "19", "name": "Iowa", "kind": "state", "balance": 13500000000, "borrowers": 423400, "averageBalance": 31885 }, { "usps": "KS", "fips": "20", "name": "Kansas", "kind": "state", "balance": 13100000000, "borrowers": 379300, "averageBalance": 34537 }, { "usps": "KY", "fips": "21", "name": "Kentucky", "kind": "state", "balance": 21600000000, "borrowers": 615600, "averageBalance": 35088 }, { "usps": "LA", "fips": "22", "name": "Louisiana", "kind": "state", "balance": 25100000000, "borrowers": 694000, "averageBalance": 36167 }, { "usps": "ME", "fips": "23", "name": "Maine", "kind": "state", "balance": 6700000000, "borrowers": 186600, "averageBalance": 35906 }, { "usps": "MD", "fips": "24", "name": "Maryland", "kind": "state", "balance": 38400000000, "borrowers": 842300, "averageBalance": 45589 }, { "usps": "MA", "fips": "25", "name": "Massachusetts", "kind": "state", "balance": 33400000000, "borrowers": 900600, "averageBalance": 37086 }, { "usps": "MI", "fips": "26", "name": "Michigan", "kind": "state", "balance": 53200000000, "borrowers": 1377300, "averageBalance": 38626 }, { "usps": "MN", "fips": "27", "name": "Minnesota", "kind": "state", "balance": 27500000000, "borrowers": 772600, "averageBalance": 35594 }, { "usps": "MS", "fips": "28", "name": "Mississippi", "kind": "state", "balance": 17800000000, "borrowers": 456300, "averageBalance": 39009 }, { "usps": "MO", "fips": "29", "name": "Missouri", "kind": "state", "balance": 30600000000, "borrowers": 826500, "averageBalance": 37024 }, { "usps": "MT", "fips": "30", "name": "Montana", "kind": "state", "balance": 4500000000, "borrowers": 126400, "averageBalance": 35601 }, { "usps": "NE", "fips": "31", "name": "Nebraska", "kind": "state", "balance": 8200000000, "borrowers": 243500, "averageBalance": 33676 }, { "usps": "NV", "fips": "32", "name": "Nevada", "kind": "state", "balance": 13200000000, "borrowers": 367900, "averageBalance": 35879 }, { "usps": "NH", "fips": "33", "name": "New Hampshire", "kind": "state", "balance": 6800000000, "borrowers": 187700, "averageBalance": 36228 }, { "usps": "NJ", "fips": "34", "name": "New Jersey", "kind": "state", "balance": 48400000000, "borrowers": 1235500, "averageBalance": 39174 }, { "usps": "NM", "fips": "35", "name": "New Mexico", "kind": "state", "balance": 8000000000, "borrowers": 226000, "averageBalance": 35398 }, { "usps": "NY", "fips": "36", "name": "New York", "kind": "state", "balance": 99900000000, "borrowers": 2456600, "averageBalance": 40666 }, { "usps": "NC", "fips": "37", "name": "North Carolina", "kind": "state", "balance": 55800000000, "borrowers": 1379300, "averageBalance": 40455 }, { "usps": "ND", "fips": "38", "name": "North Dakota", "kind": "state", "balance": 2700000000, "borrowers": 88400, "averageBalance": 30543 }, { "usps": "OH", "fips": "39", "name": "Ohio", "kind": "state", "balance": 64300000000, "borrowers": 1770800, "averageBalance": 36311 }, { "usps": "OK", "fips": "40", "name": "Oklahoma", "kind": "state", "balance": 17100000000, "borrowers": 510700, "averageBalance": 33483 }, { "usps": "OR", "fips": "41", "name": "Oregon", "kind": "state", "balance": 20800000000, "borrowers": 526600, "averageBalance": 39499 }, { "usps": "PA", "fips": "42", "name": "Pennsylvania", "kind": "state", "balance": 69600000000, "borrowers": 1853900, "averageBalance": 37542 }, { "usps": "PR", "fips": "72", "name": "Puerto Rico", "kind": "territory", "balance": 11700000000, "borrowers": 336900, "averageBalance": 34728 }, { "usps": "RI", "fips": "44", "name": "Rhode Island", "kind": "state", "balance": 5100000000, "borrowers": 149700, "averageBalance": 34068 }, { "usps": "SC", "fips": "45", "name": "South Carolina", "kind": "state", "balance": 31400000000, "borrowers": 782300, "averageBalance": 40138 }, { "usps": "SD", "fips": "46", "name": "South Dakota", "kind": "state", "balance": 3700000000, "borrowers": 116700, "averageBalance": 31705 }, { "usps": "TN", "fips": "47", "name": "Tennessee", "kind": "state", "balance": 34600000000, "borrowers": 894900, "averageBalance": 38664 }, { "usps": "TX", "fips": "48", "name": "Texas", "kind": "state", "balance": 138300000000, "borrowers": 3949800, "averageBalance": 35014 }, { "usps": "UT", "fips": "49", "name": "Utah", "kind": "state", "balance": 11100000000, "borrowers": 313300, "averageBalance": 35429 }, { "usps": "VT", "fips": "50", "name": "Vermont", "kind": "state", "balance": 2900000000, "borrowers": 74800, "averageBalance": 38770 }, { "usps": "VA", "fips": "51", "name": "Virginia", "kind": "state", "balance": 45500000000, "borrowers": 1085500, "averageBalance": 41916 }, { "usps": "WA", "fips": "53", "name": "Washington", "kind": "state", "balance": 29600000000, "borrowers": 776100, "averageBalance": 38139 }, { "usps": "WV", "fips": "54", "name": "West Virginia", "kind": "state", "balance": 7700000000, "borrowers": 228300, "averageBalance": 33728 }, { "usps": "WI", "fips": "55", "name": "Wisconsin", "kind": "state", "balance": 24000000000, "borrowers": 709100, "averageBalance": 33846 }, { "usps": "WY", "fips": "56", "name": "Wyoming", "kind": "state", "balance": 1800000000, "borrowers": 54800, "averageBalance": 32847 } ], "observations": [ { "metricId": "balance", "geographyCode": "AL", "geographyFips": "01", "rawValue": 26000000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "AL", "geographyFips": "01", "rawValue": 664000, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "AL", "geographyFips": "01", "rawValue": 39157, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "AK", "geographyFips": "02", "rawValue": 2400000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "AK", "geographyFips": "02", "rawValue": 64500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "AK", "geographyFips": "02", "rawValue": 37209, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "AZ", "geographyFips": "04", "rawValue": 34000000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "AZ", "geographyFips": "04", "rawValue": 916100, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "AZ", "geographyFips": "04", "rawValue": 37114, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "AR", "geographyFips": "05", "rawValue": 14500000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "AR", "geographyFips": "05", "rawValue": 408400, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "AR", "geographyFips": "05", "rawValue": 35504, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "CA", "geographyFips": "06", "rawValue": 156700000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "CA", "geographyFips": "06", "rawValue": 3919500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "CA", "geographyFips": "06", "rawValue": 39980, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "CO", "geographyFips": "08", "rawValue": 29700000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "CO", "geographyFips": "08", "rawValue": 764600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "CO", "geographyFips": "08", "rawValue": 38844, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "CT", "geographyFips": "09", "rawValue": 19800000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "CT", "geographyFips": "09", "rawValue": 515400, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "CT", "geographyFips": "09", "rawValue": 38417, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "DE", "geographyFips": "10", "rawValue": 5600000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "DE", "geographyFips": "10", "rawValue": 137800, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "DE", "geographyFips": "10", "rawValue": 40639, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "DC", "geographyFips": "11", "rawValue": 6400000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "DC", "geographyFips": "11", "rawValue": 114600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "DC", "geographyFips": "11", "rawValue": 55846, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "FL", "geographyFips": "12", "rawValue": 113100000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "FL", "geographyFips": "12", "rawValue": 2747700, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "FL", "geographyFips": "12", "rawValue": 41162, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "GA", "geographyFips": "13", "rawValue": 74600000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": 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4900000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "HI", "geographyFips": "15", "rawValue": 121000, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "HI", "geographyFips": "15", "rawValue": 40496, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "ID", "geographyFips": "16", "rawValue": 7500000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "ID", "geographyFips": "16", "rawValue": 216500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "ID", "geographyFips": "16", "rawValue": 34642, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "IL", "geographyFips": "17", "rawValue": 65300000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "IL", "geographyFips": "17", "rawValue": 1601500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "IL", "geographyFips": "17", "rawValue": 40774, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "IN", "geographyFips": "18", "rawValue": 31000000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "IN", "geographyFips": "18", "rawValue": 898500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "IN", "geographyFips": "18", "rawValue": 34502, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "IA", "geographyFips": "19", "rawValue": 13500000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "IA", "geographyFips": "19", "rawValue": 423400, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "IA", "geographyFips": "19", "rawValue": 31885, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "KS", "geographyFips": "20", "rawValue": 13100000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "KS", "geographyFips": "20", "rawValue": 379300, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "KS", "geographyFips": "20", "rawValue": 34537, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "KY", "geographyFips": "21", "rawValue": 21600000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "KY", "geographyFips": "21", "rawValue": 615600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "KY", "geographyFips": "21", "rawValue": 35088, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "LA", "geographyFips": "22", "rawValue": 25100000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "LA", "geographyFips": "22", "rawValue": 694000, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "LA", "geographyFips": "22", "rawValue": 36167, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "ME", "geographyFips": "23", "rawValue": 6700000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "ME", "geographyFips": "23", "rawValue": 186600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "ME", "geographyFips": "23", "rawValue": 35906, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "MD", "geographyFips": "24", "rawValue": 38400000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "MD", "geographyFips": "24", "rawValue": 842300, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "MD", "geographyFips": "24", "rawValue": 45589, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "MA", "geographyFips": "25", "rawValue": 33400000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "MA", "geographyFips": "25", "rawValue": 900600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "MA", "geographyFips": "25", "rawValue": 37086, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "MI", "geographyFips": "26", "rawValue": 53200000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "MI", "geographyFips": "26", "rawValue": 1377300, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "MI", "geographyFips": "26", "rawValue": 38626, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "MN", "geographyFips": "27", "rawValue": 27500000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "MN", "geographyFips": "27", "rawValue": 772600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "MN", "geographyFips": "27", "rawValue": 35594, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "MS", "geographyFips": "28", "rawValue": 17800000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "MS", "geographyFips": "28", "rawValue": 456300, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "MS", "geographyFips": "28", "rawValue": 39009, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "MO", "geographyFips": "29", "rawValue": 30600000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "MO", "geographyFips": "29", "rawValue": 826500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "MO", "geographyFips": "29", "rawValue": 37024, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "MT", "geographyFips": "30", "rawValue": 4500000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "MT", "geographyFips": "30", "rawValue": 126400, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "MT", "geographyFips": "30", "rawValue": 35601, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "NE", "geographyFips": "31", "rawValue": 8200000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "NE", "geographyFips": "31", "rawValue": 243500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "NE", "geographyFips": "31", "rawValue": 33676, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "NV", "geographyFips": "32", "rawValue": 13200000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "NV", "geographyFips": "32", "rawValue": 367900, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "NV", "geographyFips": "32", "rawValue": 35879, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "NH", "geographyFips": "33", "rawValue": 6800000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "NH", "geographyFips": "33", "rawValue": 187700, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "NH", "geographyFips": "33", "rawValue": 36228, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "NJ", "geographyFips": "34", "rawValue": 48400000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "NJ", "geographyFips": "34", "rawValue": 1235500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "NJ", "geographyFips": "34", "rawValue": 39174, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "NM", "geographyFips": "35", "rawValue": 8000000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "NM", "geographyFips": "35", "rawValue": 226000, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "NM", "geographyFips": "35", "rawValue": 35398, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "NY", "geographyFips": "36", "rawValue": 99900000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "NY", "geographyFips": "36", "rawValue": 2456600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "NY", "geographyFips": "36", "rawValue": 40666, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "NC", "geographyFips": "37", "rawValue": 55800000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "NC", "geographyFips": "37", "rawValue": 1379300, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "NC", "geographyFips": "37", "rawValue": 40455, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "ND", "geographyFips": "38", "rawValue": 2700000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "ND", "geographyFips": "38", "rawValue": 88400, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "ND", "geographyFips": "38", "rawValue": 30543, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "OH", "geographyFips": "39", "rawValue": 64300000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "OH", "geographyFips": "39", "rawValue": 1770800, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "OH", "geographyFips": "39", "rawValue": 36311, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "OK", "geographyFips": "40", "rawValue": 17100000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "OK", "geographyFips": "40", "rawValue": 510700, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "OK", "geographyFips": "40", "rawValue": 33483, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "OR", "geographyFips": "41", "rawValue": 20800000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "OR", "geographyFips": "41", "rawValue": 526600, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "OR", "geographyFips": "41", "rawValue": 39499, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "PA", "geographyFips": "42", "rawValue": 69600000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "PA", "geographyFips": "42", "rawValue": 1853900, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "PA", "geographyFips": "42", "rawValue": 37542, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "PR", "geographyFips": "72", "rawValue": 11700000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "PR", "geographyFips": "72", "rawValue": 336900, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "PR", "geographyFips": "72", "rawValue": 34728, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "RI", "geographyFips": "44", "rawValue": 5100000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "RI", "geographyFips": "44", "rawValue": 149700, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "RI", "geographyFips": "44", "rawValue": 34068, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "SC", "geographyFips": "45", "rawValue": 31400000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "SC", "geographyFips": "45", "rawValue": 782300, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "SC", "geographyFips": "45", "rawValue": 40138, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "SD", "geographyFips": "46", "rawValue": 3700000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "SD", "geographyFips": "46", "rawValue": 116700, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "SD", "geographyFips": "46", "rawValue": 31705, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "TN", "geographyFips": "47", "rawValue": 34600000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "TN", "geographyFips": "47", "rawValue": 894900, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "TN", "geographyFips": "47", "rawValue": 38664, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "TX", "geographyFips": "48", "rawValue": 138300000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "TX", "geographyFips": "48", "rawValue": 3949800, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "TX", "geographyFips": "48", "rawValue": 35014, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "UT", "geographyFips": "49", "rawValue": 11100000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "UT", "geographyFips": "49", "rawValue": 313300, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "UT", "geographyFips": "49", "rawValue": 35429, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "VT", "geographyFips": "50", "rawValue": 2900000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "VT", "geographyFips": "50", "rawValue": 74800, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "VT", "geographyFips": "50", "rawValue": 38770, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" }, { "metricId": "balance", "geographyCode": "VA", "geographyFips": "51", "rawValue": 45500000000, "unit": "usd", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Outstanding principal and interest reported by borrower location; workbook totals can differ from the portfolio summary.", "derived": false, "formula": "" }, { "metricId": "borrowers", "geographyCode": "VA", "geographyFips": "51", "rawValue": 1085500, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "VA", "geographyFips": "51", "rawValue": 41916, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual 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"metricId": "borrowers", "geographyCode": "WY", "geographyFips": "56", "rawValue": 54800, "unit": "count", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Borrower location may be missing; Other and Not Reported remain separate accounting rows.", "derived": false, "formula": "" }, { "metricId": "avg-balance", "geographyCode": "WY", "geographyFips": "56", "rawValue": 32847, "unit": "usd-per-borrower", "period": "2026-Q2", "asOfDate": "2026-03-31", "sourceId": "fsa-location", "retrieved": "2026-08-22", "reviewed": "2026-08-22", "caveat": "Aggregate ratio, not an individual borrower’s average debt.", "derived": true, "formula": "balance / borrowers" } ], "series": [ { "id": "fsa-federal-portfolio", "label": "Federal portfolio", "sourceId": "fsa-portfolio-summary", "universe": "Federal student loans administered or held through federal programs", "unit": "usd", "observations": [ { "period": 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"fsa-portfolio-summary", "name": "Federal Student Aid Portfolio Summary", "publisher": "U.S. Department of Education, Federal Student Aid", "url": "https://studentaid.gov/sites/default/files/fsawg/datacenter/library/PortfolioSummary.xls", "period": "FY2026 Q2", "sha256": "affd4c08365d508a4ec87b423d334b09972f0f7c4892247ab5024db3ea028e7b" }, { "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", "period": "Data as of March 31, 2026", "sha256": "24309a60060255cc0c7e28d02812fc363e0650f72386cb44fdae25fba191e801" }, { "id": "fsa-debt-size", "name": "Federal student loan portfolio by borrower 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", "period": "FY2026 Q2", "sha256": "087d8decb1489a365265e186feb79bbfbc68c2b8a9470468e5f24313b0a59602" }, { "id": "fed-g19", "name": "Federal Reserve G.19 student-loan memo item", "publisher": "Board of Governors of the Federal Reserve System", "url": "https://www.federalreserve.gov/releases/g19/current/", "period": "2026-Q2", "sha256": "c04eb2fb6166e45a61a6c7ec56c3283659e2c20e4ddac88fa3810d377ab12db3" }, { "id": "nyfed-hhdc", "name": "Quarterly Report on Household Debt and Credit", "publisher": "Federal Reserve Bank of New York", "url": "https://www.newyorkfed.org/microeconomics/hhdc", "period": "2026-Q2", "sha256": "ddfba16b87e187848ed591a1283f310188e7bdeebe5cf409b70a35b058d99237" } ], "revisions": [ { "date": "2026-08-22", "edition": "2026 Q2 combined update", "note": "Updated the Federal Reserve G.19 and NY Fed household-credit series through June 2026; retained FSA administrative data through March 31, 2026." }, { "date": "2026-06-30", "edition": "2026 Q2 FSA edition", "note": "Published the initial source-separated 2026 dataset, methodology, and CSV/JSON downloads." } ] }