Outstanding Student Loan Debt Approaches $1.5 Trillion

Brown's Endowment Posts 13.2% Gain, Best in Ivy League So Far — Photographer: Daniel Acker/Bloomberg

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By Alexandre Tanzi

November 16, 2018 at 7:32 PM UTC

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Outstanding student loan debt increased by $37 billion in the third quarter and stood at $1.44 trillion as of September 30, 2018, according to newly released data from the Federal Reserve Bank of New York.