Average loan amount received by full-time, full-year undergraduates 1992-2008
"In addition to the percentage of students borrowing, the amount borrowed is increasing too. Chart 2 shows the average yearly amount students borrowed, adjusted for inflation. From 1993 to 2008, the average yearly debt load increased by over 50 percent—even as the percentage of students who borrowed increased as well. Average annual debt for borrowers at four-year private universities increased by 70 percent. Average debt for students attending for-profit colleges increased by 57 percent, to $9,600 per year."