U.S. flag

An official website of the United States government

Skip Header

Student Debt and Its Co-Occurrence with Other Types of Debt

Written by:
Working Paper Number SEHSD-WP2022-09


The total amount owed in federal student loans had grown to over $1.5 trillion by 2020. Despite substantial work by social scientists on the consequences of student debt, we know relatively little about student debt’s association with other types of household debt. Student loans may be negatively related to equity-generating debts such as mortgages and business loans, hindering opportunities, and positively related to non-equity-generating debts such as credit card and medical debt, resulting in additional burdens. Any heterogeneity in these relationships may lend context to persistent wealth inequalities between different sociodemographic groups. Using data from the Survey of Income and Program Participation, we present a descriptive accounting of student loans and their connection to other types of debt.

Page Last Revised - April 7, 2022
Is this page helpful?
Thumbs Up Image Yes Thumbs Down Image No
255 characters maximum 255 characters maximum reached
Thank you for your feedback.
Comments or suggestions?


Back to Header