 As of 2018, a total of 44.2 Million borrowers now owe a total of over $1.5 Trillion in student debt.In addition to more borrowers, and the total amount owed having more than doubled (up 250%) from $600 Billion to $1.5 Trillion in 10 years, according to Forbes Magazine , the rate of delinquency greater than 90 days, or default, has doubled to over 11% nationwide, according to the Federal Reserve.US student loan servicers include Great Lakes Educational Loan Services, Navient, FedLoan Servicing (PHEAA), MOHELA, HESC/EdFinancial, CornerStone, Granite State - GSMR, OSLA Servicing, and Debt Management and Collections System.