Total Annual Amount Borrowed in Federal Loans over Time
Total annual federal borrowing by undergraduates and their parents increased from $33.7 billion to $75.1 billion between 2001-02 and 2011-12, but declined to $57.3 billion between 2011-12 and 2016-17.
Figure 7A: Total Annual Amount Borrowed in Federal Subsidized, Unsubsidized, and PLUS Loans in Millions of 2016 Dollars, 2001-02 to 2016-17, Selected Years
Notes & Sources
NOTE: Graduate students became eligible to borrow PLUS Loans in 2006-07.
SOURCE: Table 6.