STUDENT LOAN DEBT[AN INFOGRAPHIC]

Charles DuvalInformation Design

Background:

American Student Assistance has a public service mission

to help college loan consumers in the communities

we serve make informed decisions regarding higher

education �nancing. We reach the community through

public-purpose projects and partnerships with organiza-

tions that share our vision for student loan borrower

success . We’re here to help.

Concept:

Design an infographic that will aid in the education of

college students, and loan consumers to understand

the bigger picture in education �nancing. The data will be

delivered in a way that’s easy to understand , and

help with better decisions when thinking about student

�nancial aid, and how it e�ects you and the economy.

Media: The media will be mainly focused for an oversize

print poster and available on the website for view, and

download. The poster can be given to students when

seeking �nanical aid , or available in classrooms

around the country.

Obstacles: Research high levels of stats , allow content to

have easy cognitive response, make it creative with an

educational and a�rmative tone.

Key Bene�ts: Help students, loan consumers, and other

persons who need loans for educational purposes inform

themselves.

Tone: Educational, Statistical , Visual, and Data Visual

Deliverable: Full oversize print 24 x 42 in

Designed by Charles Duval Creative Brief

Designed by Charles Duval Inspiration

Designed by Charles Duval Inspiration-2

Designed by Charles Duval Ideation

Designed by Charles Duval Ideation - 2

Designed by Charles Duval Data

For most of the content the American Student Assistance,and from The National Center Education Statistics. I found lots of collected data from student characteristics, demographics,

The Tables contained multiple levels of data that seemd to be pretty,extensive. It was nice since you could download the .csv file and get the tables directly into illustrator. However adobe could not handle extreme data.

As tuition costs continue to rise and students take on more debt, some policy experts say another taxpayer bailout of a teetering government-subsidized program -- the mas-sive student loan industry -- is all but certain.

This should help you understand the big picture view of how student debt continues to grow exponentially. As well as explore the current problems we face today.

There are approximately 37 million student loan borrowers with outstand-ing student loans today. (Source: Federal Reserve Board of New York )

Two out of �ve student loan borrows are delinquent at some point in the �rst �ve years .)

of the borrowers are under the age of 30.

Nearly 30% of college student who took out loans dropped out of school, up from fewer than a quarter of students a decade ago.

As of Quarter 1 in 2012, the average student loan balance for all age groups is $24,301. About one-quarter of borrowers owe more than $28,000; 10% of borrowers owe more than $54,000; 3% owe more than $100,000; and less than 1%, or 167,000 people, owe more than $200,000. (Source: FRBNY)

Of that 20 million 60% (11million) need to pull out loans in order to help cover costs for school.

Americans attend college each year.

STUDENT LOAN DEBT[AN AMERICAN STORY]

60%

40%

50%

80%

30%

37million

20 million

PAST DUE

$902B

$864B

$150B

in total outstanding studentloan debt in the United States today.

in outstanding federal loan debt .

is in private studentloans which are not made or backed by the federal government

Amount Borrowed Q1 for 2012

$0

$3

$6

$9

$12

$15

Over 60 group

50-59 group

40-49 group

30-39 group

Under 30 age group

Age Groups

(In

Mill

ion

s)

25% 10.6% 4.2% 2.2 .5%

Of the $864B in outstanding student loan debt,approximately $85 billion is past due.

Why do they struggle?

Of those under35 have more than $5000in personal debt.

50% of 25-34 year-olds say they’re unemployed or under-employed.

80% say it has become harder to make ends meet over the past four years.

How much do Americans borrow?

Among All 2007-08 Bachelor’s Degree Receipents Among All 2007-08 Associate’s Degree Receipents Among All 2007-08 Who Earned Graduate Degrees

66% - graduated with some education debt

.

.

62% - at public four - year institutions borrowed.

72% - at private nonpro�t four - year institutions borrowed96% - at private for-pro�t institutions borrowed

38% - of associate’s degree recipients at public institutions borrowed.

.

.

98% - of associate’s degree recipients at private for-pro�t institutions borrowed.

30% - of certi�cate recipients at public institutions borrowed.90% - of certi�cate recipients at private for-pro�t institutions borrowed.

7% - had borrowed between $80,000 or more for graduate school.

.

.

5% - had borrowed between $60,000 and $79,999.

14% - had undergraduate debt but no graduate school debt. 26% - had no education debt at all.

Who Borrows?

(Stu

dent

Cha

ract

eris

tics)

0% 20% 40% 60% 80% 100% 120%

Student loans only

Grants or any other aid with student loans

Grants or any other aid except student loans

No financial aid

  $20,000 or more  Less than $20,000

Independent student income  $106,000 or more  $30,000–105,999

  Less than $30,000Dependent student income

  Independent  Dependent

Dependency status    Total

Full-time/full-year undergraduates  $20,000 or more

  Less than $20,000Independent student income

  $106,000 or more  $30,000–105,999

  Less than $30,000Dependent student income

  Independent  Dependent

Dependency status  Part-time/part-year

  Full-time/full-yearAttendance pattern

    TotalAll undergraduates

UNDERGRADUATES IN PRIVATE NONPROFIT 4-YEAR INSTITUTIONS

Percentage distribution receiving various types of �nancial aid packages, by student characteristics: 2011–12

40%

Designed by Charles Duval