Oregon Student Loan Debt and Financial Aid Statistics

Federal student loan debt statistics in Oregon

Oregon has the 26th largest student loan debt of any state in the country
In total, the residents of Oregon owe a total of $20.1 billion
The average each resident owes is $37,017
A total of 543,000 residents in the state of Oregon have at least some amount of student loan debt
This makes Oregon the state with the 27th largest number of residents holding student loan debt
It also works out at around 12.79% of the population of the state
12.79% makes Oregon the state with the 26th largest percentage of the population with student loan debt
47.00% of the borrowers are under the age of 35 – the state with the 2nd lowest percentage of borrowers under the age of 35

The average borrower from Oregon has a student loan debt of $37,017
This is the 14th largest average student loan debt of any state in the USA
And $770 below the national average of $37,787
Despite this average figure of $37,017, the amount that residents of Oregon owe can vary greatly:
- 15.90% owe less than $5,000
- 22.10% owe between $20,000 and $40,000
- 2.30% owe more than $200,000

36.60% of undergraduates in the state of Oregon take out student loans each year
This is the 29th-highest percentage of any state in the USA
25.50% of students at 2-year colleges take out student loans each year
This is the 18th in the country
They are awarded $5,544 on average – 25th most in the country for 2-year college students
45.90% of students at 4-year colleges take out student loans each year
This is the 25th-highest percentage of any state
They are awarded $6,685 each year on average

Oregon spends the 20th largest amount of state funds out of the 50 states plus Washington DC on student financial aid
The state spends $175.5 million per year
This works out to $658 per undergraduate student – the 22nd most
And 0.35% of the Gross State Product (GSP) – the 37th most
$92.8 million of the $175.5 million is spent on needs-based grants
The remaining $82.7 million is distributed through other programs – some of which may be due to be repaid