Is that the average amount borrowed or the average amount still owed? If the latter I am not sure how useful it is. It would be more useful to know how much stu

Is that the average amount borrowed or the average amount still owed? If the latter I am not sure how useful it is. It would be more useful to know how much students need to borrow today (or in 4 years time). In NZ the median student debt at end of study is just $17,000 NZD but that includes people dropping out after one year, non-university diploma courses and students whose parents paid for most of it or students who worked while studying and paid as they went. https://www.beehive.govt.nz/release/impact-student-loan-debt https://www.beehive.govt.nz/release/impact-student-loan-debt