Map 2: Median Student Loan Balances, San Francisco Bay Area, March 2018
This map shows median student loan balances by zip code. Student loan balances are typically correlated with level of educational attainment; borrowers with four-year college degrees (and especially professional degrees) often have higher loan balances. This map and the others linked below are a supplement to the April 2019 Report, At What Cost? Student Loan Debt in the Bay Area, written in partnership with the San Francisco Treasurer’s Office of Financial Empowerment. For full findings and analysis. For more information, contact Bina Shrimali.
Source: Federal Reserve Bank of New York Consumer Credit Panel/Equifax Data (CCP)
1. Delinquent is defined as 90+ days past due on payments.
2. In default is defined as 270+ days past due on payments.
3. In default since 2003 is defined as 270+ days past due on payments at some point from 2003 to 2018.
About the Data
These maps employ Federal Reserve Bank of New York Consumer Credit Panel/Equifax Data from March 2018 going back to March 2003 and the American Community Survey (ACS) 2013-2017. Collected quarterly by the credit bureau Equifax, these data comprise various credit and demographic characteristics of an anonymized 5 percent national random sample of consumers over 18 with a credit history and Social Security numbers. We adjusted balances to account for jointly-held loans. We defined delinquency and default in accordance with the Department of Education definitions of being 90+ or 270+ days past due on one or more student loan, respectively. We excluded zip codes from the analysis if they are missing Census or ACS data or from maps if they have fewer than 10 observations. See the full report for more information on methods.