These US Cities Have The Most And The Least Student Loan Debt, 2018
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:
- Washington, D.C (Median Balance: $22,803)
- Atlanta, Georgia (Median Balance: $22,232)
- Richmond, Virginia (Median Balance: $21,915)
- Raleigh, North Carolina (Median Balance: $21,357)
- Akron, Ohio (Median Balance: $21,037)
- Little Rock, Arkansas (Median Balance: $21,031)
- Birmingham, Alabama (Median Balance: $20,679)
- Jackson, Mississippi (Median Balance: $20,650)
- Columbia, South Carolina (Median Balance: $20,560)
- Charleston, South Carolina (Median Balance: $20,469)
Top 10 cities with the least student loan debt
- McAllen, Texas (Median Balance: $13,017; ranked 100th)
- Fresno, California (Median Balance: $13,808)
- Springfield, Massachusetts (Median Balance: $14,615)
- Bakersfield, California (Median Balance: $14,656)
- Providence, Rhode Island (Median Balance: $15,025)
- Harrisburg, Pennsylvania (Median Balance: $15,056)
- Salt Lake City, Utah (Median Balance: $15,165)
- Provo, Utah (Median Balance: $15,244)
- Ogden, Utah (Median Balance: $15,244)
- San Jose, California (Median Balance: $15,273)
- Albuquerque, New Mexico (Median Balance: $15,549; ranked 90th)
Also read the study: US States with the Most and Least Student Debt, 2018.
Dr. Amarendra Bhushan Dhiraj
CEO and editorial director at CEOWORLD Magazine
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, high net worth individuals, and the most globally powerful men and women.
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