Total US student loan debt has reached almost $1 trillion, with $85 billion being delinquent in 2011. Subsidized loans for education have led to rapid growth in costs similar to how government subsidies drove up housing prices and ownership rates unsustainably. Farmland values in Saskatchewan, which holds 40% of Canada's arable land, increased by an average of 10.1% in the second half of 2011 and 21% overall for the year, mirroring increases seen in major US farming states, fueled by strong commodity prices, historically slower growth than other areas, and good growing conditions.