MeasureOne collaborates with private lenders, banking associations and regulatory bodies to bring data-driven transparency.
As of Q1 2016, 92.5% of the $1.36 trillion outstanding in student loans, are federal loans while private student loans make up the remaining 7.5%.
Total student loan market:
$ 1,480 billion
Federal, Direct and Perkins data is from Federal Student Aid, U.S. Department of Education and private data is from the MeasureOne Industry Sizing Survey. Outstanding loan balance as of September 30, 2017.
The private student loan industry grew from $99.3 billion in Q3 2015 to $113.2 billion in Q3 2017, predominantly driven by the growth of the refinance market.
(in billions of $)