Total Number of Stafford Loan Borrowers and Average Amount Borrowed

Over the last decade, the total number of Stafford Loan borrowers increased by 95%, from 5.4 million in 2001-02 to 10.4 million in 2011-12. The average amount borrowed from subsidized and unsubsidized Stafford Loans combined increased by 8%, from $7,627 (in 2011 dollars) to $8,230 over this decade.

Figure 7B: Total Number of Stafford Loan Borrowers and Average Amount Borrowed, 2001-02 to 2011-12
Total Number of Stafford Loan Borrowers and Average Amount Borrowed
Notes & Sources 

SOURCE: Trends in Student Aid website (trends.collegeboard.org), Table 6.

  • Over the last decade, the total number of Stafford Loan borrowers increased by 95%, from 5.4 million in 2001-02 to 10.4 million in 2011-12. The average amount borrowed from subsidized and unsubsidized Stafford Loans combined increased by 8%, from $7,627 (in 2011 dollars) to $8,230 over this decade.