Discussion Paper

Student Debt Loan in Philadelphia

Abstract: As of December 1, 2018, approximately 310,320 Philadelphians collectively owed $11.6 billion in student loan debt. The share of adults with student loan debt is greater in Philadelphia (25.3 percent) than in Pennsylvania (21.2 percent) and in the United States as a whole (17.3 percent). This report provides an in-depth analysis of the geographic distribution of this debt in Philadelphia. It reveals that individuals in different zip codes have drastically different experiences in how much they owe, the degree to which they struggle with repayment, and the extent to which they become delinquent.

Keywords: student loans;

Bibliographic Information

Provider: Federal Reserve Bank of Philadelphia

Part of Series: Community Affairs Discussion Paper

Publication Date: 2020-05-01

Pages: 26