C-Suite Advisory

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:

  1. Utah
  2. Hawaii
  3. Wyoming
  4. California
  5. Washington
  6. Arizona
  7. Alaska
  8. Florida
  9. Maryland
  10. Nevada
  11. District of Columbia
  12. Colorado
  13. New Mexico
  14. Virginia
  15. New York
  16. Louisiana
  17. Texas
  18. Massachusetts
  19. Oregon
  20. North Dakota

Top 20 US States with the Most Student Debt:

  1. South Dakota
  2. West Virginia
  3. Pennsylvania
  4. New Hampshire
  5. Ohio
  6. Mississippi
  7. Michigan
  8. Minnesota
  9. Iowa
  10. Indiana
  11. Kentucky
  12. Delaware
  13. Kansas
  14. South Carolina
  15. Wisconsin
  16. Vermont
  17. Idaho
  18. Montana
  19. Georgia
  20. 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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Dr. Amarendra Bhushan Dhiraj
Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, and high net worth individuals.
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