more than $37,000 10 Student Loan Facts College Grads Need to Know U.S. News reported student leaves school owing almost $40,000 $1.3 trillion studies have pegged the number owes nearly $40,000 source more than $35,000 70 percent of graduates 70 percent of graduates US News & World Report recent survey US News & World Report US News U.S. News and World Report held $37,172 of student debt average $37,172 in student loans that should make you nauseous student leaves school owing almost $40,000 record-breaking $37,172 student leaves school owing almost $40,000 Source student loan expert Mark Kantrowitz Source student leaves school owing almost $40,000 student loan debt Source US News & World Report