International Baccalaureate (IB) Practice Exam

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What is the total estimated student loan debt outstanding (unpaid) over?

$1 billion.
$10 thousand.
$7 trillion.
$1 trillion.

The correct answer is: $1 trillion.

The total estimated student loan debt outstanding in the United States is accurately reflected in the choice of $1 trillion. This figure encompasses the aggregate amount of unpaid student loans among borrowers, indicating a significant financial burden on the student population. As of recent estimates, the national student loan debt has experienced considerable growth, nearing and surpassing the trillion-dollar mark, making it a pressing issue in educational finance and economics. Choosing a lower figure, such as $10 thousand or $1 billion, does not align with the current realities of student debt, as these amounts are substantially lower than what has been reported by financial agencies and education departments. The $7 trillion option is also incorrect, as it significantly exceeds the current estimated totals for student loans. Thus, $1 trillion is the closest, most accurate representation of the outstanding student loan debt.