← All sources

U.S. federal student-loan portfolio

about $1.7 trillion

2026-03-31 · claim US-FED-STUDENT-2026Q1 · edition 2026-09-14-v1

Exact value

1,700,000,000,000 USD

Perimeter

Federal administrative student-loan portfolio, with about 42.6 million recipients. Its date and coverage differ from the New York Fed credit-report series.

What this measures

The administrative federal student-loan portfolio the Department of Education reports it holds, through March 31, 2026.

What it does not measure

Credit-report student balances, private student loans obtainable by subtraction, or tuition ever charged.

As published

1.7 USD trillions (normalized ×1000000000000 to reach the exact value above)

Caveat

About $1.7 trillion held in the administrative federal portfolio through March 31, 2026, across about 42.6 million recipients. The publisher labels that quarter FY2026 Q2, because its fiscal year opens on October 1; this record's id uses the calendar convention its siblings use, so the two names describe the same three months. The rounded published value is preserved rather than given manufactured precision. A different scope and date from the New York Fed credit-report series, so private loans cannot be derived by subtracting one from the other; recipients, accounts and credit-report borrowers are also different counts.

Display step

100,000,000,000 — the precision this figure is shown at

Review status

Recorded against the publisher's own cited location. The source's consolidation status below says whether that page was retrieved during consolidation or an earlier review was preserved.

This claim is a dated observation, not a live figure. It is never updated in place: a newer reading is a new edition with its own page. See methodology for how amounts are normalized and corrections for anything that has changed.