May 25th, 2013

Infographic: Student Loan Debt & Number of Student Loan Accounts by Generation

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In this week’s infographic, we are comparing generations again. This time, we focus on student loan debt and the number of open accounts each age group has. Scroll down to see the results.


student loans generational infographic

Share some of your tips for paying down your student loans!


Amy Leone is the Public Relations Coordinator at Credit Karma. Before joining the team in June 2012 she spent most of her career as a TV news producer. When she’s not helping promote Credit Karma on a variety of media outlets, she’s probably out running or exploring her new state of California.

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Disclaimer: All information posted to this site was accurate at the time of its initial publication. Efforts have been made to keep the content up to date and accurate. However, Credit Karma does not make any guarantees about the accuracy or completeness of the information provided. For complete details of any products mentioned, visit bank or issuer website.


  1. this sights a scam as I new it would be. I have had several loans in the past and have bills owed out and this sight said I had a thin file and could not get my info.They scam people for our personal info the scum bags like the rest odf them.

    daphne james at 9:42 am on May 28, 2013
  2. Jenna

    Hi Daphne, Credit Karma is not a scam. We pull our information directly from TransUnion. If TransUnion has told us that you don’t have enough information on file to accurately build a credit score, then we can’t change that status. A thin file can occur if you’re new to credit or if you have too few open credit lines to generate a credit score. Read more here:

    Jenna at 3:18 pm on May 28, 2013
  3. Daphne,

    There may be many reasons why you were unable to get a score. Trans Union takes the identifying information you provided and then connects it to information provided by your lenders.

    If there are variations in the identifying information, it may be difficult for the bureau to reliably assign loans to your record. There could variations in: names (women often change surnames when marrying, address (you may have moved recently), social security number.

    Kevin @ Credit Bureau Insider at 6:44 am on May 31, 2013
  4. I find Credit Karma is not up to date! The credit scores are not updated daily anymore, and it forces one to draw a credit report to get the real daily numbers or allow a creditor to do so, which reduces one’s score. In fact… Credit Karma may be owned by TransUnion now? Or is that just a misplaced guess?

    As far as suggesting ways to improve a credit score, beware the notion of paying down a debt with larger than a minimum payment or two as I learned… If you pay it down significantly, the creditor granter reduces the credit line so that you are still at 90% utilization. If I were a gaming industry regulator, which I am not, I would say the credit score “industry” is a game, and it is rigged… against the consumer so to allow for higher interest rate charges. redit granters set the rules, they change the rules midway such as having 21 day billing periods instead of 30 so that there are 14 months in a year not 12, thus everyone is suddenly “late” by 30 days. Tsk tsk… all consumers will do is stop using credit at all as we all did from 2008-2010, and the banks suffered and Congress changed the rules. Then suddenly the rules are even worse for consumers with no fanfare?

    Merja Lehtinen at 6:26 pm on June 10, 2013
  5. Jenna

    Hi Merja,

    We pull the credit scores you see directly from TransUnion, but we’re not owned by TransUnion. Creditors send updates to the credit bureaus once a month, so credit scores typically do not change daily. We decided to make the Credit Karma experience more seamless by automatically updating your credit information for you weekly when you log into your account.

    If you receive a credit monitoring alert about something important changing in your TransUnion credit report, your score will be automatically updated the next time you log into Credit Karma.

    Jenna at 3:51 pm on June 11, 2013
  6. Seem that this student loan infographic will change immensely as greater numbers of students graduate with even more debt. Less tuition is being paid for by state taxes than ever before. The amount that students are now taking out to pay for school is downright scary.

    Sam @ at 10:19 pm on June 16, 2013
  7. I do worry this will prevent people opting for education; as it becomes more expensive, there are diminishing returns on its value. When I went to school, it was *much* cheaper, now it costs several times what it cost me (in real terms). I can see for somebody studying liberal arts, you might begin to wonder if its worth starting life with all that debt; it might make real financial progress, such as paying off a mortgage, a fantasy for some.

    Chris at 6:20 am on September 25, 2013

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