Student loan borrowers with debt that averages $35,000 or more face the highest monthly payments of any group, a new study shows.

The average monthly payment on a three-year student loan with a $35 million loan is $8,895, the most of any cohort, according to a report by the Federal Reserve Bank of New York and the Federal Deposit Insurance Corporation.

The median monthly payment is $3,926, the report shows.

The report does not look at debtors with more than $100,000 in outstanding debt, which is common among some borrowers.

It is important to note that the analysis is for borrowers with no debt and no outstanding debt.

For borrowers with debts, including some of the highest loan balances, the median monthly payments are lower.

For borrowers with more debt, such as those with large mortgages, monthly payments can be much higher.

For example, a $50,000 loan with $50 million in outstanding student loan debt would have an outstanding loan balance of $85,854.

For a three year loan with an outstanding debt of $35 billion, a borrower with $30,000 of outstanding debt could have $50 of outstanding student debt, or $120,000 monthly payments.

The findings come as borrowers grapple with soaring debt burdens and rising interest rates, which are expected to grow this year.

The Federal Reserve has already signaled that it is raising interest rates to a rate that could reach 2 percent in coming weeks.

For some borrowers, the rising interest rate will have a bigger impact on their payments.

Many borrowers with low credit scores, for example, are struggling to pay off their student loans.

For many borrowers, that will increase the monthly payment.

The Fed has said it would be possible to help borrowers get by with modest payments, but that is not yet possible for many borrowers.

The report comes at a time when the U.S. economy is recovering from the Great Recession, but the average interest rate on the typical student loan is now 6.5 percent, up from 3.5 percentage points in August.

The average monthly payments on student loans have also risen to $1,000 a month, a record for this time of year.

The Fed has been warning for months that the rates could increase to more than 4 percent in September.

The latest study comes as borrowers who borrowed for less than $40,000 are increasingly paying for their loans through interest and principal payments, said David Tarrant, the chief economist at Credit Suisse.

But he noted that there is little evidence that higher rates will push many borrowers over the edge.