C-Suite Agenda

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

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.

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

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He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, 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.

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