Study: US States With The Most And Least Student Debt, 2018
Utahns are not saddled with a lot of college debt. Utah topped the list as the state with the least student debt, followed by Hawaii, Wyoming , California, and Washington, according to new research presented by personal-finance website WalletHub.
The research showed Utah college students and graduates are not facing mounting debt — at least not in comparison to other states. In other words, college graduates in almost all other states have more debt than those in Utah.
South Dakota was listed as the state with the most student debt, followed by West Virginia, Pennsylvania, New Hampshire, and Ohio.
Top 20 US States with the Least Student Debt:
- Utah
- Hawaii
- Wyoming
- California
- Washington
- Arizona
- Alaska
- Florida
- Maryland
- Nevada
- District of Columbia
- Colorado
- New Mexico
- Virginia
- New York
- Louisiana
- Texas
- Massachusetts
- Oregon
- North Dakota
Top 20 US States with the Most Student Debt:
- South Dakota
- West Virginia
- Pennsylvania
- New Hampshire
- Ohio
- Mississippi
- Michigan
- Minnesota
- Iowa
- Indiana
- Kentucky
- Delaware
- Kansas
- South Carolina
- Wisconsin
- Vermont
- Idaho
- Montana
- Georgia
- Connecticut
To determine the states that are friendliest toward student-loan debtors, WalletHub compared the 50 states and the District of Columbia across 11 key metrics. The dataset ranges from average student debt to unemployment rate among the population aged 25 to 34 to share of students with past-due loan balances.
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