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Saturday, January 22, 2022

C-Suite Agenda

These US Cities Have The Most And The Least Student Loan Debt, 2018

Prof. Dr. Amarendra Bhushan DhirajProf. Dr. Amarendra Bhushan DhirajC-Suite Agenda
Washington D.C.

Just like the real estate debt, Americans are more burdened by student loan debt than ever before — a total of over $1.5 trillion. But just like the housing market, your location may be key in how fast you pay them off.

Washington, D.C. has some of the most student loan debt of any U.S. city, a new analysis by LendingTree, a marketplace for loans. Here are the ten US cities where people have the and the least most education debt. Is your city on the list?

Top 10 cities with the most student loan debt:

  1. Washington, D.C (Median Balance: $22,803)
  2. Atlanta, Georgia (Median Balance: $22,232)
  3. Richmond, Virginia (Median Balance: $21,915)
  4. Raleigh, North Carolina (Median Balance: $21,357)
  5. Akron, Ohio (Median Balance: $21,037)
  6. Little Rock, Arkansas (Median Balance: $21,031)
  7. Birmingham, Alabama (Median Balance: $20,679)
  8. Jackson, Mississippi (Median Balance: $20,650)
  9. Columbia, South Carolina (Median Balance: $20,560)
  10. Charleston, South Carolina (Median Balance: $20,469)

Top 10 cities with the least student loan debt

  1. McAllen, Texas (Median Balance: $13,017; ranked 100th)
  2. Fresno, California (Median Balance: $13,808)
  3. Springfield, Massachusetts (Median Balance: $14,615)
  4. Bakersfield, California (Median Balance: $14,656)
  5. Providence, Rhode Island (Median Balance: $15,025)
  6. Harrisburg, Pennsylvania (Median Balance: $15,056)
  7. Salt Lake City, Utah (Median Balance: $15,165)
  8. Provo, Utah (Median Balance: $15,244)
  9. Ogden, Utah (Median Balance: $15,244)
  10. San Jose, California (Median Balance: $15,273)
  11. Albuquerque, New Mexico (Median Balance: $15,549; ranked 90th)

Also read the study: US States with the Most and Least Student Debt, 2018.

Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine. Follow CEOWORLD magazine on Twitter and Facebook. For media queries, please contact: info@ceoworld.biz

Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj

Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

You can follow Prof. Dr. Amarendra Bhushan Dhiraj on Twitter, Facebook, and LinkedIn.
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