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17. As of 2020, the private student loan market stood at __________. It's grown _______ in the last decade.

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Final answer:

In 2020, the national student loan debt reached $1.3 trillion, up from the average student debt of $25,250 in 2010, with an average loan debt growing to over $30,000.

Step-by-step explanation:

As per the information provided, the student loan market has seen a significant change over the last decade. In 2020, national student loan debt topped $1.3 trillion. This indicates a substantial growth since 2010 when students had an average debt of $25,250 at graduation. By 2020, the average amount of debt for students who took loans grew to over $30,000. The loan market has grown significantly in the last decade, with total debts surging past the $1.6 trillion mark according to the Federal Reserve.

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