With student loan debt reaching approximately $1.6 trillion, many are concerned that student loans may be the next financial bubble to burst. CARES Act funding and U.S. Department of Education actions led to historically low levels of delinquency in 2020-2021. However, there is concern that issues will balloon as soon as governmental action and support are removed, which could lead to a great deal of uncertainty around student loan debt. What is the truth? This presentation presents the facts about college students' indebtedness, relying on the most recent data available. [For the seventh edition, see ED607283.]