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The average student loan debt per borrower is nearly $40,000. With an average interest rate of 5.5%, that works out to about $393 a month. And here’s the kicker: it typically takes borrowers 17 to 23 years to pay off those loans. Now, let’s do the math that really stings. Paying $393 a month for 20 years adds up to over $94,000 — on a loan that started at just $40,000 when you graduated. | George Kamel
1.2M viewsMay 6, 2025
FacebookGeorge Kamel
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Dr Arthur Joustra says his student loan debt keeps going up despite paying back about £250 a month. Chancellor Rachel Reeves has called the system
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TikTokbbcnews
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Student loan debt is now the second-highest consumer debt category, surpassed only by mortgage debt. Thanks to the interest on these loans, only 38% of borrowers make any progress in paying down their balances while many (42.6%) actually see their total student loan debt balance increase in the first five years of their loan. And it can take a lifetime to pay off. Twelve years after borrowing, the average borrower has barely made a dent in their student loans. That helps to explain why it takes
787K viewsAug 18, 2025
TikTokgeorge.kamel
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Understanding Student Debt: A Growing Crisis in the UK
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TikToklbc
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We are MOVING the needle BIG TIME on student loan number 13 today with a MONSTER PAYMENT! 🧌🧌🧌 Because today is both of our favorite days 😍 it is the 15th 🥰 And we are due for another monster payment; so let’s make it happen! Today’s payment pushes us WILDLY close to being 2/3 of the way through student loan 13. It is also absolutely DEMOLISHING our September goal, so we will get that reset as well. And it breaking us into a new threshold with our overall debts; we’re officially below $90k!
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TikToktom_nicholas
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student loan debt update!! 🥹 i cannot express how grateful and thankful I am for your guys support. #studentdebt #debtpayoff #finance #financialfreedom #singlemom
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TikTokitssarah.ann
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The average student loan debt per borrower is almost $40,000. At the average interest rate of 5.5%, this amounts to a payment of about $393 a month. If a four-year degree is truly the only way and the best way to do what you want to do in your career, then college is probably the right next step. But too many students are choosing college for the wrong reasons. #studentloans #collegedebt #studentloandebt
182.1K viewsApr 19, 2024
TikTokgeorge.kamel
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