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Outstanding Student Loan Portfolio Now Tops $1.5 Trillion

January 6, 2020
 
 

The outstanding portfolio on federal student loans is now $1.51 trillion, according to data released by the Education Department on Friday.

The direct student loan portfolio now represents 82 percent of the total, the Federal Family Education Loan (FFEL) portfolio represents 17 percent, and federal Perkins Loan program loans comprise less than 0.5 percent.

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